Job market is in a weaker spot than it was a few weeks ago, says Morning Consult's Leer
Youtube·2025-10-20 21:27

Labor Market Overview - The labor market has shown consistent weakening over the last four weeks, indicating a shift to a weaker position compared to previous reports [2] - There are notable weaknesses in higher income segments, which have historically driven significant consumer spending [2] Economic Reflections - The breakdown in higher income segments reflects ongoing uncertainties related to tariffs and the impact of AI replacing certain jobs [3] - The labor market is transitioning from a period of robust job growth and record low unemployment, contributing to the current weaker situation [4] Data Collection and Analysis - Government data is still considered the gold standard, but it has been inadequate for corporate decision-makers and investors for decades [6] - The recent government shutdown has accelerated the adoption of alternative data sources, allowing for deeper market segmentation and analysis [7]