Know Your Risk Podcast Jobs Report Breakdown
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Jun 6, 2025 Zach and Chase dissect the latest jobs report, balancing steady unemployment with troubling full-time job losses. They delve into the peculiar dynamics of tariffs affecting consumption and stagnant housing employment. Despite these challenges, construction jobs show resilience, and commodities like platinum and palladium reveal surprising investment trends. As they navigate the economic landscape, the hosts underscore risks in the housing market and present a nuanced outlook, hinting that a recession-like normalization may lurk beneath positive consumer sentiment.
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Mixed Signals in Jobs Report
- The jobs report mixed positive and negative indicators on employment health.
- Unemployment metrics improved while household survey showed significant job losses and shift from full-time to part-time jobs.
No Severe Recession Yet
- Economic data shows no signs of a severe recession like 2008-2009.
- There is growing possibility of a mild recession in the latter half of 2025 based on mixed economic indicators.
Lagging Market Reaction and Construction Anomaly
- Construction jobs show strength despite anecdotal reports of slowing activity.
- Markets and data often react slowly and look only short term, missing emerging trends like platinum's rise.