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But we saved everything 🙂.
Eric Basmajian highlights that the prime-age labor market remains stable, but the overall employment-to-population ratio is quickly decreasing.
He observes that while fewer workers would typically weaken income, this impact is increasingly being balanced by government transfer payments funded by debt.
Basmajian previously noted that both the worst and best three-month stock performance periods tend to occur during recessions, according to past analysis. He has also observed that corporate profit margins have risen to a record 20.6 percent while worker pay has trended downward, based on recent data. These points add context to current trends in labor markets and household income.