Is higher unemployment always bad?

Send us a question/idea/opinion direct via text message! At face value, a rise in unemployment could never be a good thing …. but as the guys discuss this week, it’s a bit more nuanced than that. For a start, last week’s rise in the unemployment rate wasn’t driven by job losses, but instead a larger increase in the pool of available workers. And a 4% unemployment rate is still very low anyway. Those are the ‘good’ things. But on the flipside, could the smaller-than-expected rise in unemployme...