Why Factory Job Cuts Are Spiking Despite a Growing Economy

Factory job cuts in June 2026 are nearing levels not seen since the financial crisis and the Covid pandemic, according to S&P. Lucas and Luna dig into why manufacturing is struggling even as the broader economy grows at a 1.6 percent annualized rate. They examine the divergence between industrial production, which is still rising modestly, and capacity utilization at 76.2 percent, which is below pre-pandemic norms. The hosts also touch on the JOLTS data showing job openings rebounding to 7.6 million, while the unemployment rate holds at 4.3 percent. The conversation connects these dots to the sticky core CPI at 336.1 and the 10-year breakeven inflation rate at 2.23 percent, asking whether the labor market is sending a false signal about the health of the economy. A focused look at one of the most troubling data points in the current macro picture. #FactoryJobCuts #Manufacturing #LaborMarket #S&P #IndustrialProduction #CapacityUtilization #JOLTS #Unemployment #CoreCPI #Inflation #BreakevenRate #GDP #Economics #Economy #RecessionSignals #FexingoBusiness #BusinessPodcast #EconomicIndicators Keep every episode free: buymeacoffee.com/fexingo