Labor Market Paradox
The current labor market presents a paradox with the lowest layoff rates and high quit rates, even as inflation looms large. Despite economic volatility and fluctuating mortgage rates, consumer spending remains elevated, suggesting resilience. However, concerns about rising credit card debt and potential future recession linger in the background.In this clip
From this podcast
Animal Spirits Podcast
Volatility Hits Main Street (EP.265)
Related Questions
Why are economists fearful of the recent trend in the unemployment rate as discussed in the episode Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market?
Why are economists fearful of the recent trend in the unemployment rate as discussed in the episode Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market?