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The most troubling feature of the job market is how thinly spread gains are, top economist says — 'this only happens when the economy is in recession'
"Since the beginning of the year, the economy has created a paltry 600k jobs, but without the job growth in these industries, there would be zero job growth."
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The most troubling feature of the job market is how thinly spread gains are, top economist says — 'this only happens when the economy is in…
"Since the beginning of the year, the economy has created a paltry 600k jobs, but without the job growth in these industries, there would be zero job growth."
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Top analyst says you weren't crazy for thinking the economy felt worse than it looked the last 3 years. The 'rolling recession' just ended
"Central to our view," Morgan Stanley's Mike Wilson argues, "is the notion that the economy has been much weaker" than the headline numbers suggest.
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Top analyst says you weren't crazy for thinking the economy felt worse than it looked the last 3 years. The 'rolling recession' just ended…
"Central to our view," Morgan Stanley's Mike Wilson argues, "is the notion that the economy has been much weaker" than the headline numbers suggest.
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Americans have the least confidence in finding a new job since 2013, the depths of the 'jobless recovery' after the Great Recession |…
Pessimism is "most pronounced for those with at most a high school education," according to the New York Federal Reserve.
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The U.S. economy actually grew by nearly a million fewer jobs than previously thought, and it shows 'AI is automating away tech jobs,'…
"The revision shows the economy entered 2025 with less momentum than previously understood,” said Bill Adams, Chief Economist at Comerica Bank.
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Wealthier Americans are more worried about rising unemployment than any other income group, NY Fed finds, as fear of 'white-collar…
“Looking at the spread and the difference between these groups is suggesting, boy, we're on very different pages as to what the future holds,” one economist said.
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Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren't a recession indicator | Fortune
"Hopefully things will be OK, but you do see that kind of weakening," he said.