Forward Guidance

The U.S. Job Market Is On The Brink | Danielle DiMartino Booth

32 snips
Feb 5, 2025
Danielle DiMartino Booth, CEO of QI Research and expert on the US economy, shares her insights on the precarious state of the U.S. job market. She discusses the impact of tariffs on employment and the gig economy, navigating the complexities of inflation and labor dynamics. DiMartino Booth addresses the risks involved with government stimulus and its influence on job stability. She also explores the Federal Reserve's evolving policies, the interconnectedness of economic indicators, and the political pressures affecting monetary decisions.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Tariff Impact on US Manufacturers

  • The US government implemented tariffs, impacting US manufacturers.
  • American manufacturers built supply chains based on government wishes, now facing consequences.
INSIGHT

2019 Tariffs and Economic Slowdown

  • The 2019 Fed transcripts reveal tariffs slowed growth and hurt US manufacturing jobs.
  • Global trade contraction in 2019 negatively impacted the US economy, posing a recessionary risk.
INSIGHT

Government Jobs and Disinflation

  • Government job creation supported the job market, fueled by COVID-era federal funding.
  • Potential job losses at the federal level and reversed state funding pose disinflationary risks.
Get the Snipd Podcast app to discover more snips from this episode
Get the app