US jobless claims just hit levels we haven't seen since 1969.
But here's the thing most people miss: back in '69, the US had 203 million people. Today we're at 349 million.
Adjust for population growth and jobless claims have literally never been lower in recorded history.
This is what a tight labor market actually looks like. Not hype, not narrative — just raw numbers showing employers are holding onto workers because finding replacements is brutal.
Yet somehow people are still calling for a recession around every corner. The data keeps saying otherwise.
But here's the thing most people miss: back in '69, the US had 203 million people. Today we're at 349 million.
Adjust for population growth and jobless claims have literally never been lower in recorded history.
This is what a tight labor market actually looks like. Not hype, not narrative — just raw numbers showing employers are holding onto workers because finding replacements is brutal.
Yet somehow people are still calling for a recession around every corner. The data keeps saying otherwise.
