Labor market conditions index swings rapidly downward, signaling an imminent recession cliff ahead.
WARNING: Labor market conditions index has been steadily declining This systematically happens prior to recessions pic.twitter.com/w3YYWHR566 — Bravos Research (@bravosresearch) August 26, 2024 US firms’ ‘low firing’ approach may turn to more layoffs, Fed’s Barkin tells BBG WASHINGTON, Aug 26 …