was that from the recent FOMC meeting? They said there's 1.9 jobs per unemployed worker, and with high inflation that gives them some room to cool things down a little bit before hitting "real" unemployment. And they mentioned their mandate of "full employment" does not necessarily mean zero unemployment.

"Soft landing" is the magic term for this month rather than "crash;" I hope that's really in the cards vs. just trying to keep everyone from panicking.

Anyway here's the underlying data, available workers per job opening:

https://www.bls.gov/charts/job-openings-and-labor-turnover/u...

disclaimer: economics seems to be a powder keg these days even here so I'll note I am not making an argument, just saying what I remember from the FOMC comments. I know, there's U1-U6, various factors not in the numbers, the gig economy, "well maybe they should just pay more", etc.