Skip to content
Jul 07 2024

Job Market Looks “Pre-Recessionary”

  • Jul 7, 2024

Despite monthly statistical quirks, the clear trend in the labor market is one of weakening. Somehow, though, the “tight labor market” narrative promulgated by economic bulls has yet to die off, with just enough oddball evidence surfacing every few weeks to keep it alive. Contrary to the storyline, certain employment measures have followed paths that are weaker than the lead-up to any previous recession.


For full access, please enter your credentials.

About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager