“My theme for the past several years as to employment has been “deceleration,” as in a gradual cooldown from white hot to red hot to hot to warm. But at some point past “warm,” we get to lukewarm, and then cool, and then chilly. In other words, if it continues at some point “deceleration” transitions into “deterioration.” A “soft landing” would require that the deceleration end, and the numbers stabilize.”
https://bonddad.blogspot.com/2025/01/december-jobs-report-ho-ho-ho-santa.html
[#]TheBonddadBlog #USEconomics #Economics #USPol #Jobs
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