Grim Warning to America: Jobs Have Completely Stopped Hiring

Steve Van Metre, an expert in economics and financial markets, warns about alarming trends in the U.S. labor market. He reveals that job finding rates have sharply declined, signaling potential recession risks. The discussion examines the grim relationship between job openings and unemployment, and how rising unemployment could impact consumer spending. Van Metre emphasizes the need for the Federal Reserve to consider rate cuts amidst these challenges and highlights the disconnect in labor market expectations post-election.