The Long-Term Unemployment Signal the Market Is Ignoring

With the May jobs report due Friday and long-term unemployment surging, Lucas and Luna dig into why the share of workers out of work for 27 weeks or more is hitting levels that historically preceded recessions. They examine how the current 4.3% unemployment rate masks a structural shift in the labor market, pulling data from JOLTS, initial jobless claims, and the latest ADP report. The hosts debate whether this is a classic lagging indicator or a true recession signal that equity markets are pricing out. They also discuss the hidden costs for workers and the broader economy, from skill erosion to reduced consumer spending. Tune in for a focused, data-driven conversation on the one labor market metric that might matter most right now. #LongTermUnemployment #LaborMarket #RecessionSignal #JobsReport #JOLTS #ADP #UnemploymentRate #EconomicIndicators #FexingoBusiness #BusinessPodcast #Economics #RecessionWatch #JoblessClaims #LaborForce #SkillErosion #ConsumerSpending #StructuralUnemployment #MayJobsReport Keep every episode free: buymeacoffee.com/fexingo