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then yes, the rates should have either stayed the same or there should have been consideration to raise them due to the inflation-inducing tariffs.

But it seems we are heading into the equivalent of a "slow motion" COVID era-like job loss, where the COVID shutdowns caused an extreme spike of the unemployment rate, whereas this is starting slow, but will start accelerating due to multiple factors - the purge of the federal government (civil servants and contractors), AI replacing employees across every sector, and tariffs bankrupting small businesses and small/medium farms (and anything that serviced the federal sector employees and/or those other businesses, where those nearby ancillary business like restaurants, coffee and convenience stores, food trucks, dry cleaning businesses, etc., will lose foot traffic).