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🚨 Join the community on Substack: https://www.worldaffairsincontext.com 🔵 Watch content ad-free: / lenapetrova 🛎️ Subscribe to the channel: / @lenapetrova ✅ Support the channel: ▫️PayPal: https://paypal.me/LenaPetrovaChannel ▫️Buy me a coffee: https://ko-fi.com/lenapetrova ▫️Patreon: / lenapetrova 👋 Follow on social platforms: ▫️ X: https://x.com/LenaPetrovaOnX ▫️Telegram: https://t.me/LenaPetrovaOnTelegram ▫️ Spotify: https://open.spotify.com/show/7v6wq4x... 🌎 Watch more content: ▫️YouTube - World Affairs In Context: / @lenapetrova ▫️YouTube - Behind The Numbers - Business, Taxes & Personal Finance: / @lenapetrovacpa 💰 Discounts & Offers for Subscribers: ▫️ExpressVPN - Channel's subscribers get 4 MONTHS FREE to protect internet privacy: https://www.expressvpn.com/lena ▫️Optery - remove your personal data from online data brokers: https://get.optery.com/lena 📣 Like, share, and subscribe to World Affairs In Context & turn on notifications to stay updated. 📉 US Job Market Cracks Are Widening | What It Means for the Fed, Interest Rates & the Economy 🔍 In today's video, we break down why the U.S. labor market may not be as strong as it seems. While headline numbers suggest stability, a deeper dive into the latest Job Openings and Labor Turnover Survey (JOLTS) reveals something more troubling: for the first time in over four years, unemployed Americans now outnumber available jobs. We explore: 📊 The sharp drop in job openings (down 176,000 in July) ⚠️ Rising layoffs and concerning revisions to earlier employment data 🏥 A major slowdown in healthcare and social assistance job openings 😬 Why more workers are staying put and not quitting 🏦 What this means for the Federal Reserve as it weighs cutting interest rates 🤯 President Trump’s controversial firing of the Labor Dept's chief statistician 📉 How immigration policy is contributing to labor shortages and slower growth With unemployment creeping up and fewer job openings across key sectors, the labor market is flashing warning signs that could shape economic policy decisions in the coming weeks — including the Fed's next move on interest rates. 🗓️ Key dates ahead: Friday: August Jobs Report Next week: CPI Inflation Data In two weeks: Federal Reserve interest rate decision If you're following the economy, Fed policy, job reports, or political developments — this is one you don’t want to miss. 📌 Chapters: 00:00 - Intro 00:35 - JOLTS Report Breakdown 02:20 - Unemployed Now Outnumber Job Openings 03:45 - Layoffs, Revisions & Warning Signs 05:10 - Fed’s Dilemma: Inflation vs. Jobs 06:20 - Trump’s Response & Immigration Impact 07:40 - Final Thoughts & What to Watch Next #JobMarket #FederalReserve #InterestRates #USJobsReport #RecessionFears #JOLTS #LaborMarket #Unemployment #JeromePowell #TrumpNews #EconomyUpdate #USJobs #HiringTrends #FedRateCut #EconomicOutlook