Event JSON
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"content": "April jobs report: 177K new jobs added, unemployment rate stays at 4.2%.\n\nDoes this show the economy is doing fine? No. As I mentioned a month ago, we might actually, at least initially, hit a recession without job losses. That sounds like an oxymoron, but the post-COVID Beveridge Curve has flattened. Nov '21 and Mar '25 have the same unemployment rate (4.2%) but Nov '21 job vacancies rate was 6.9% while Mar '25 is 4.3%.\n\nWhat this suggests is, demand still exceeds supply.\n\n#Economics #USEconomy\n\nhttps://media.mas.to/media_attachments/files/114/441/024/982/889/445/original/fcf54b29e92a168e.png",
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