99.1 What’s Killing Labor Force Participation in the USA? ———Ep 99.1 Summary———‘Maybe the economy isn’t in as good a condition as you economists / academics / technocrats think it is,’ says the labor force participation rate. ‘The economy is in fantastic shape,’ says the unemployment rate. Which one is correct? ———See It——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiAlhambra YouTube: https://bit.ly/2Xp3royEmil YouTube: https://bit.ly/310yisLArt: https://davidparkins.com/ ———Hear It———
Jeffrey P. Snider considers the following as important: Alhambra Research, bonds, commodities, currencies, Economy, Eurodollar University, Federal Reserve/Monetary Policy, Making Sense, markets, Stocks
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99.1 What’s Killing Labor Force Participation in the USA?
———Ep 99.1 Summary———
‘Maybe the economy isn’t in as good a condition as you economists / academics / technocrats think it is,’ says the labor force participation rate. ‘The economy is in fantastic shape,’ says the unemployment rate. Which one is correct?
———Ep 99.1 Topics———
00:00 Show Intro: What condition is America’s labor market in? Also, bad jokes.
01:26 From Oct. 2015 to Mar. 2016 the labor force SURGED by 2 million people; unbelievable?
05:23 From Oct. 2015 to Mar. 2016 a terrible monetary storm thundered across the planet.
08:00 Starting Oct 2015 work requirements were applied to SNAP / Food Stamp benefits.
11:09 Did the imposition of work requirements translate directly to REPORTED improvement?
15:07 Will the end of Federal unemployment benefits in September cause a similar effect?
18:36 How far behind is the labor force compared to 2020 and compared to pre-2020 trends?
22:31 The civilian population employment ratio is at 2009-13 lows.
24:55 Show Outro: headline statistics are not representative of the lousy labor market.
———Ep 99.1 References———
Just In Time For Labor Day: It’s Not Payrolls Missing The Mark By Such A Wide Margin: https://bit.ly/3lc1k2j
Bad-Monetary-Joke Twitter: https://bit.ly/3A3RHZN
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays: https://bit.ly/38tL5a7
Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by the top hat of illustrated monetary satire, David Parkins. Podcast intro/outro is “Nite Glo” by Molife from Epidemic Sound.