Jason Pine

So that's the lowest level since late 2021.

So you can say, I suppose, that stability of unemployment is partially artificial.

If you look at the household survey, total employment actually fell by 226,000.

So, yes, some cracks below the surface, broader measure of unemployment.

Underemployment, that's 8.2% highest in the year.

So headline level good, not so much digging deeper.

It's down 7.7% on the year.

Big driver, fuel prices, obviously we know the conflict.

So gas, looking at that, averages around $4.50 a gallon nationally.

It's up 50% since last year.

the conflict started.

They're also still concerned about tariffs and broader cost pressures.

One-year inflation expectations on that note, that's around 4.5%, longer-term average 3.4%.

And the interesting thing, talking about the ceasefire and where it's all going to go, two-thirds of consumers expect fuel prices to

We'll have to see when that straight gets moving again.

And the latest acronym, Mike, flying around financial market circles, doesn't live up to its name.

Taco, that's old news.

It's now Nacho.

Not a chance Moose opens.

In fact, management said on the call that they might use this as an opportunity to buy