Austan (Austan) Goolsbee

speaker

656 appearances 1 recordings 1 series first heard Jul 2026 last heard 15 Jul

Austan (Austan) Goolsbee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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They would say, oh, man, it's a nightmare.

What's your unemployment rate?

And you're going to say, well, it's a little over 4%.

What?

They're going to be like, what's your inflation rate?

Well, you know, it's up to 4%.

They're going to hang up on you and say, like, why are you bothering us?

You're doing great.

Yeah, exactly.

We have unemployment that's almost 10% and inflation is 14%.

And so let us never go back to the 70s.

But this...

this dilemma of what do you do when both things go wrong?

That's a tough spot.

Yeah, look, that's what I describe that as.

The job market is stable without being good.

And there's a weird combination that people throw around this phrase, low hiring, low firing.

It's worth taking a second to realize that's extremely unusual.

Usually, if there's low hiring, there's a lot of layoffs.

Or if there's low layoffs and low firings, there's a lot of hiring.

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