The Recession Signal Hidden in Job Openings Data

The labor market has been a bright spot, but JOLTS data tells a different story. Lucas and Luna examine why job openings have fallen to 6.9 million, the lowest since early 2021, despite low unemployment. They discuss what the Beveridge curve reveals about the economy's trajectory, how the Fed is interpreting this data, and whether the job market is normalizing or softening toward recession. With unemployment steady at 4.3% and initial jobless claims trending up, the hosts debate if this is a soft landing or a warning sign. They also connect the dots to energy inflation and consumer spending pressures from the Iran conflict. Plus, a brief note on listener support that keeps the show ad-free. #JOLTS #JobOpenings #LaborMarket #BeveridgeCurve #Fed #Inflation #EnergyInflation #IranWar #ConsumerSpending #Unemployment #Recession #EconomicIndicators #SoftLanding #FexingoBusiness #BusinessPodcast #Economics #RecessionWatch #DataDriven Keep every episode free: buymeacoffee.com/fexingo