Plain English with Derek Thompson cover image

Harsh Truths About 2024 and the Future of the U.S. Economy

Plain English with Derek Thompson

00:00

Labor Market Insights and Housing Dynamics

This chapter explores the current labor market conditions, noting low unemployment rates but decreasing hiring and wage growth, which could signal a potential economic downturn. It also examines the implications of high interest rates on the housing market, discussing supply constraints and the long-term effects on housing prices and construction.

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