Focus on U.S. Hirings, not Layoffs to Determine the Timing of the Next Recession
Former JPMorgan Chase Global Chief Economist & Ph.D in Economics
Many people treat layoff (hovering at 1.39 million per month) headlines as Darth Vader! It has attracted the most headlines and is believed to be the most feared trend in U.S. labor markets. However, there are other more important factors to consider.
Keep reading with a 7-day free trial
Subscribe to The People's Economist with Anthony Chan to keep reading this post and get 7 days of free access to the full post archives.