The unemployment rate staying low while monthly job growth is weak (50-100K vs. the 150-200K needed to keep up with population) creates a false picture of labor market health because the gap is filled by people leaving the workforce, gradually creating a weaker labor market not yet visible in unemployment data.
causalpending
Speaker
Michael LebowitzEvidence Quote
“weak monthly job growth, you know, kind of in the 50 to 100 range. When we should, to keep up with the population, be closer to 150 to 200...people leaving the workforce.”
Created: 8/12/2026, 6:23:20 PM
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