Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why Job Openations Surged While Unemployment Stayed Flat
In this episode, Lucas and Luna dissect the surprising April JOLTS data showing job openings surged to 7.6 million, the highest in nearly two years, even as the unemployment rate held steady at 4.3 percent. They explore what this disconnect means for the labor market, wage growth, and the Fed's rate-cut timeline, and discuss how the conflict in Iran is creating a two-speed economy. Specific numbers and real-world examples ground the conversation, helping listeners understand why this isn't just a statistical anomaly but a signal of structural shifts. The hosts also touch on the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.