Bulls are misled by GDP, BLS models, and volatile assets like Bitcoin. The real unemployment rate is 7.2%.
This happens in Canada too! — Mothersilverape (@mothersilverape) December 15, 2024 https://twitter.com/j77324/status/1868113104136986809 https://twitter.com/dailyjobcuts/status/1867920697030578185 The labor market continues to weaken, hard to see a rebound in positive momentum at maximum employment. Employment to pop ratio is finally declining, however. pic.twitter.com/jRvCxKqDYI — …
