Econ 101: 📊 The Economic Numbers Just Dropped, What Is the Jobs Data Telling Us?
In this episode of the 9innings Podcast: GDP is growing, yet September added just 29,000 jobs, and households are spending more even as real disposable income stays roughly flat.
In this Econ 101 episode, Kevin looks beneath the headline numbers to trace how lower savings and rising consumer credit may be helping sustain spending, and why that could become a strain if incomes don’t catch up. He also considers the brighter explanation: businesses may be producing more with the same workforce as technology boosts productivity.
The takeaway isn’t a recession call, but a closer look at the gap…
The skinny
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