Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
What Falling Jobless Claims Tell the Fed About Hiring
Lucas and Luna dig into the latest jobless claims and JOLTS data to understand a puzzling labor market: initial claims dropped to 226,000, but job openings surged to 7.6 million while hiring remains sluggish. They explore why employers are posting more positions but not filling them, and what this means for the Fed's next move. With the Fed funds rate at 3.63% and inflation still above target, the hosts discuss whether the job market is sending mixed signals or revealing a structural shift. This episode offers a fresh angle on the labor market disconnect, grounded in specific data points…
The skinny
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