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Arin Dube: Smaller jobs numbers now signal strong growth in low population era
Arin Dube highlights that in an environment of slow population growth—including immigration—smaller jobs numbers can still represent strong job growth.
Dube adds that current breakeven estimates for job growth, the level needed to maintain the unemployment rate, are often quite low.
Dube has previously suggested that comparing actual consumer price indices to pre-pandemic inflation predictions can enhance economic analysis. He has also noted a dysfunctional dynamic between the asset market and the U.S. president as a key factor in recent events. These observations add context to his latest comments on labor market trends.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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