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There's now 1.0 unemployed worker per job vacancy, the lowest rate on record. #JOLTStwitter going nuts. (Series starts in 2001.) 
The Beveridge Curve has now looped all the way back to where it began. Almost like forecasts of counter-clockwise cycles -- rather than a structural shift -- were spot on.
And if you're not sure whether to believe the low unemployment rate, realize that the quit rate tells a consistent story. The labor market has largely healed.
