Jobs Slide and Confidence Sinks — Breaking Points (Summarized)
Update: 2025-11-26
Description
A sudden shift in jobs and confidence is quietly reshaping the economy — and your plans. In this 2-minute summary (original 15 minutes), Krystal Ball and Saagar Enjeti with guest Ryan Grim break down ADP’s recent payroll losses, weakened consumer confidence from the Conference Board, and why BLS data gaps matter. Learn how rising private payroll losses (from ~2,500 to an average loss of 13,500 jobs/week), inflation trends, and AI-driven automation are changing hiring, unemployment, and local economies. Hosts Krystal and Saagar unpack the ripple effects when expectations shift — fewer big purchases, slower hiring, and a recalibrated labor market — while Ryan frames the dilemma as “screwed if you do, doomed if you don’t.” Essential listening for anyone tracking jobs, consumer confidence, ADP, BLS, AI, and the broader economy. Listen now to get the key ideas in minutes.
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