📉 BREAKING: U.S. Full-Time Job Market Cracking
Key Data:
Oct–Nov: Lost 983K full-time jobs
Total FT jobs: 134.2M — lowest in nearly 3 years
FT workforce rate: 78.2% — lowest since mid‑2021
Decline since June 2023: -2.5 percentage points (worse than 2001 recession)
Meanwhile, part-time jobs surge:
+1 million in 2 months
Record high: 29.5M
Signals shift from stable to fragile employment — macro instability rising.
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