Last Updated on June 24, 2026 by stlplace
There seems to be a disconnect between the econ data and job market right now. Consumer sentiment is not very good recently mainly due to the K shaped economy (I wrote a blog post that mentioned K shaped economy recently).
WSJ YT video: Kyla Scanlon on the Disconnect Between Economic Data and Consumer Sentiment
THE WASHINGTON POST: 7 charts that explain why the job market is so tough right now (Apple News)
THE WASHINGTON POST: Why the U.S. job market is so hard, especially for recent college graduates (Apple News)
Job market situation in Chinese and in YT Video
(Apple News) CNBC: ‘Doomjobbing’ can hurt your job search, experts say: Why it happens and how to avoid it
(06-24-2025) Steve Rattner – tweet – look at the chart below
The top 1% now hold as much wealth as the entire bottom 90% of Americans combined — about 32% each.
This is what runaway inequality looks like, according to the Fed’s most recent data released this month.