5min chapter

Animal Spirits Podcast cover image

Talk Your Book: The Carrying Cost of Crazy

Animal Spirits Podcast

CHAPTER

The Labor Market Remained Pretty Strong in the Face of the Fed Raising Rates

This is the strongest labor market of my lifetime, for sure. I don't think we've ever seen anything like this. The key thing that happened last year is we had a massive amount of job openings where I was returned to unemployed people. It's not just slowing, but it's actually low. We're going to slow down. What we're really talking about here is not whether we're going toslow down or not. It's just a slight timing issue.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode