🚨 BREAKING SIGNAL FROM THE U.S. LABOR MARKET
Something important is quietly changing beneath the surface — and it’s not bullish.
Over the last two months alone, the U.S. economy lost nearly 1 million full-time jobs (-983,000), dragging total full-time employment down to 134.2 million, the lowest level in almost three years. That’s not noise — that’s a structural shift.
Right now, only 78.2% of workers hold full-time positions, the weakest ratio since mid-2021. Even more concerning, this figure has fallen 2.5 percentage points from its June 2023 peak — a sharper drop than what we saw during the 2001 recession.
At the same time, part-time jobs are exploding. Over 1 million part-time roles were added in just two months, pushing the total to 29.5 million — an all-time high.
📉 What this really means:
Stable employment is being replaced by fragile work. Companies aren’t firing aggressively — they’re downgrading. This is often how economic stress builds before it shows up in headlines.
Markets may still be celebrating, but the labor data is flashing caution.
Keep your eyes open. Shifts like this rarely happen in isolation.
