the problem with solana is that it has way too many employed peoplethis is stupid and wrongwe need as many unemployed people as possible talking about the chain at all times on Xcurrently only me and toly are unemployed enough to do thisquit your job ...

Social Unrest - Young people are protesting against inequality and a lack of jobs in countries from Morocco to Indonesia [1]

Unemployment Benefits - Goldman Sachs 分析显示，上周美国失业救济申请略有上升 [1] - 该分析基于联邦政府关闭期间发布的州级申请数据 [1]

MORE IN 30 MINUTES TIME ALONGSIDE MATT MILLER AND OPEN INTEREST. NO PAYROLL DATA SO FAR TODAY, NOT EXPECTING ANY BECAUSE OF THE GOVERNMENT SHUTDOWN. JOINING US TO DISCUSS IS MICHAEL MCKEE.THE LAST TIME WAS 2013 TO HAVE IT DELAYED LIKE THIS. MIKE: WE GOT THE NUMBERS IN 2019 WHEN THINGS WERE SHUT DOWN. IT IS WEIRD.JOBS DAY, YOU GO TO DANI FIRST. WE HAVE DISAPPOINTING NEWS IN TERMS OF THE JOBS REPORT, NO JOBS CREATED OR LOST BECAUSE WE DON'T HAVE DATA. IF WE HAD DATA, HARD TO KNOW EXACTLY WHAT IT WOULD HAVE BE ...

Well, while the national unemployment rate has hovered just around 4% for the past several months, the most recent figures for Gen Z in particular paint a much more darker picture for that younger cohort, some say the emergence of AI is to blame. But my next guest argues it's also due to a misalignment of values between younger workers and hiring managers. Susie Welch is CEO of Becoming New Media and co-author of a recent study that aimed to answer the question, is Gen Z unemployable.You wrote about this in ...

Economic Overview - The Federal Reserve (Fed) faces a dual mandate to maintain low inflation and high employment, using the fed funds rate as a tool to influence economic conditions [1] - Currently, both inflation and the job market are deteriorating simultaneously, creating a dilemma for the Fed regarding which issue to prioritize [1] Interest Rate Expectations - Investors anticipate a reduction in the fed funds rate by 0.25 percentage points to a range of 3.75% to 4%, marking the lowest level since December 2022 [3] - A rate cut is expected to lower interest costs on short-term debts such as credit cards and car loans, while also reducing returns on CDs and high-yield savings accounts [2] Employment Situation - Recent reports indicate a slowdown in the job market, with job losses recorded in June and only 22,000 jobs added in August [4] - An increase in unemployment insurance claims suggests more individuals are remaining unemployed for longer periods [4] Inflation Trends - The Fed's preferred inflation measure, core Personal Consumption Expenditures, rose by 2.9% over the past year, aligning with forecasts and supporting the case for a rate cut [5] - Inflation has been accelerating, moving further away from the Fed's target of a 2% annual rate, with tariffs cited as a significant factor in rising consumer prices [6] Government Shutdown Risks - A potential partial government shutdown starting October 1 could delay the release of critical economic data, including the jobs report due on October 3 [7] Federal Reserve Governance - The upcoming Fed meeting may be influenced by political pressures, particularly regarding the status of Fed governor Lisa Cook, who has faced attempts at removal by President Trump [8][9] - The Federal Open Market Committee (FOMC) is responsible for setting the fed funds rate and consists of 12 voting members [10][11]

But I keep hearing the sword recently, and that's for stagflation. And that's what we're digging into on today's stocks in translation. First, let's get our terms straight.Staglation here means three warning lights flashing at once. Weak or negative growth, high unemployment, and high inflation. Stagnation plus inflation.And some folks draw a line between capital S, the 1970s kind of stagflation, and the lowercase S when only parts show up. And since the pandemic, we've really only seen the lowercase kind. ...

Economic Overview - Stagflation is characterized by weak or negative growth, high unemployment, and high inflation, with current conditions indicating a lowercase stagflation since the pandemic [1][2] - Economic growth is measured by GDP, which reflects domestic production, while GNP tracks earnings of Americans globally [2][3] Inflation Metrics - Key inflation indicators include the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE), with the latter being favored by the Federal Reserve for its broader scope [3][4] - Distinction between headline inflation, which includes food and energy, and core inflation, which excludes these volatile components, is crucial for understanding inflation trends [4] Employment Indicators - The unemployment rate and monthly payroll changes are monitored closely, along with weekly unemployment claims, to gauge labor market health [5] - Historical data shows that during the 1970s stagflation, unemployment exceeded 7-8% with double-digit inflation and contracting GDP [6] Current Economic Conditions - Presently, unemployment is modest, PCE is in the high twos, and GDP remains strong, indicating that the economy is not in a severe stagflation scenario like the 1970s [7][8] - Precious metals have seen significant price increases, with gold up over 40% and silver nearing 60% this year, reflecting a response to elevated inflation and current interest rate cuts by the Federal Reserve [8] Monitoring Indicators - Key indicators to watch include jobs data, CPI, PCE, and GDP, with a focus on services inflation, shelter costs, and healthcare expenses [9] - Fluctuations in oil prices or a weaker dollar could quickly impact headline inflation, necessitating close monitoring of real incomes versus consumer demand [10] Conclusion - There is a potential risk of lowercase stagflation, but it is unlikely to escalate to the levels seen in the 1970s or 80s based on current observations [11]

KEY EVENTS NEXT WEEK: 👇- All Week: Fed officials speaking- Tuesday: JOLTs Job Openings- Wednesday: ADP Employment Report & ISM Manufacturing PMI- Thursday: Initial Jobless Claims- Friday: Non-Farm Payrolls & Unemployment Rate https://t.co/a9wAaXyHaG ...

Core Viewpoint - The current economic environment is characterized by rising inflation and a stable unemployment rate, leading to uncertainty regarding future interest rate cuts by the Federal Reserve [2][8][29] Economic Indicators - Recent data indicates that GDP growth is strong, inflation remains elevated, and jobless claims suggest that companies are not laying off employees [3][8] - The inflation forecast is uncertain due to new tariffs and cost increases that suppliers are attempting to pass on to consumers [5][6] Labor Market Dynamics - The labor market is experiencing a low hiring environment, but there is also a decrease in labor supply, which may limit increases in the unemployment rate [10][11][29] - A significant number of individuals over 65 are exiting the workforce, contributing to a tighter labor supply [11] Business Sentiment - Businesses are beginning to feel more optimistic as uncertainty around tariffs has decreased, although the impact of new tariffs may still affect specific sectors [12][14] - Companies are adapting to the current economic conditions and are more willing to take action rather than remain on the sidelines [14][15] Monetary Policy Considerations - The Federal Reserve is focused on balancing inflation and unemployment, with both indicators moving in the wrong direction [16][28] - The concept of a neutral interest rate is being debated, with the Richmond Fed's model suggesting a relatively high neutral rate based on current economic signals [20][25] Future Outlook - The economic landscape is dynamic, and the Federal Reserve's approach to monetary policy will need to be adaptive as new data emerges [30] - There is a recognition of the productivity boom, which may influence inflation dynamics and the overall economic outlook [29][30]