• Oh Sh*t, The Job Market Just Broke

  • Jul 8 2024
  • Duración: 19 m
  • Podcast

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Oh Sh*t, The Job Market Just Broke

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  • Resumen

  • Unemployment in the US is now steadily moving higher. The June 2024 employment report contained more substantial downward revisions, evidence more employers are cutting hours, and most concerning is another increase to the unemployment rate. And, contrary to many claims, it's not the "good" kind of rising unemployment.

    Eurodollar University's conversation w/Steve Van Metre

    BLS Employment Situation Summary June 2024
    https://www.bls.gov/news.release/empsit.nr0.htm

    Bloomberg The US Economic Slowdown Is Looking More Threatening
    https://www.bloomberg.com/opinion/articles/2024-07-05/us-jobs-report-economic-slowdown-is-looking-more-threatening

    FOMC June 2024 Minutes
    https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20240612.pdf

    https://www.eurodollar.university
    Twitter: https://twitter.com/JeffSnider_EDU
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