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Weak Jobs, Lowered Expectations
Published 8 months, 1 week ago
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Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
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Ahead of the January jobs report, officials are already moving the goalposts—arguing that weak job growth isn’t really weak and that 50,000 jobs a month should now be considered “great,” supposedly due to deportations.
That explanation doesn’t hold up. If millions left the workforce, job openings should surge. Instead, hiring is frozen, small businesses are squeezed by tariffs, young grads can’t find work, and companies are investing in tech over people.
Weak jobs numbers are a real problem—and redefining them doesn’t fix the economy.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Ahead of the January jobs report, officials are already moving the goalposts—arguing that weak job growth isn’t really weak and that 50,000 jobs a month should now be considered “great,” supposedly due to deportations.
That explanation doesn’t hold up. If millions left the workforce, job openings should surge. Instead, hiring is frozen, small businesses are squeezed by tariffs, young grads can’t find work, and companies are investing in tech over people.
Weak jobs numbers are a real problem—and redefining them doesn’t fix the economy.