šŸšØUS job market headlines are masking serious underlying weakness

Over a million Americans have lost a job this year

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GLOBAL MARKETS INVESTORā€™S PORTFOLIO IS šŸ”„UP +100%šŸ”„ SINCE JANUARY 2024

DURING THE MARCH-APRIL 2025 MARKET TURMOIL, MAJOR US INDEXES FELL NEARLY 20%, WHILE THE GMI PORTFOLIO GAINED OVER 5%, FIND OUT HOW BELOW:

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The Bureau of Labor Statistics (BLS) estimates the US economy created +115,000 jobs in April, exceeding expectations of +65,000, according to a report released Friday, May 8.

At the same time, private nonfarm payrolls surged +123,000, above the +75,000 consensus.

The unemployment rate remained unchanged at 4.3% in April, in line with expectations.

Over the last five months, the unrounded rate stood at 4.375% in December, 4.322% in January, 4.441% in February, 4.256% in March, and 4.337% in April.

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It is also worth noting that previous jobs reports have consistently overstated employment figures, a pattern that has repeated over the last several years and is likely to continue.

Behind the paywall, you will find a thorough breakdown of the most recent jobs report.

šŸšØThe US labor market just saw the biggest downward revision on record

The US job market is falling apart

globalmarketsinvestor.beehiiv.com/p/the-us-labor-market-just-saw-the-biggest-downward-revision-on-record

āš ļøCHART OF THE WEEK: Massive revisions are coming to the US job market

If revisions materialize, we will see negative payrolls growth

globalmarketsinvestor.beehiiv.com/p/chart-of-the-week-massive-revisions-are-coming-to-the-us-job-market

āš ļøUS job gains were likely OVERSTATED by ~900,000 in 2024:

Massive job downward revisions will continue in the US

globalmarketsinvestor.beehiiv.com/p/us-job-gains-were-likely-overstated-by-900-000-in-2024

FREE REPORT EXAMPLES INCLUDING THE JUNEā€™S REPORT ARE LINKED BELOW

āš ļøThe US private sector employment is in a recession

US labor market trends are heading in the undesired direction

globalmarketsinvestor.beehiiv.com/p/the-us-private-sector-employment-is-in-a-recession

šŸšØNovember job market report is worse than many think

Please find the job market breakdown of the world's largest economy

globalmarketsinvestor.beehiiv.com/p/november-job-market-report-is-worse

Links to the previous analysis is below.

āš ļøHeadline volatility is hiding the real US job market weakness

Forward-looking indicators suggest further deterioration

Global Markets Investor ā€¢ Global Markets Investor

āš ļøFebruary US jobs report was a disaster

US job market recession is deepening at an alarming pace

Global Markets Investor ā€¢ Global Markets Investor

āš ļø2025 was the weakest job market in 22 years outside of recessions

Donā€™t be fooled by the headline numbers, the real story is much weaker.

globalmarketsinvestor.beehiiv.com/p/2025-was-the-weakest-job-market-in-22-years-outside-of-recessions

āš ļøUS layoffs are off to their largest start to a year since the Great Financial Crisis

What alternative data says about the US job market?

globalmarketsinvestor.beehiiv.com/p/us-layoffs-are-off-to-their-largest-start-to-a-year-since-the-great-financial-crisis

āš ļøThe US labor market slowdown is intensifying

Ignore the headlines, the underlying data tells a very different story

globalmarketsinvestor.beehiiv.com/p/the-us-labor-market-slowdown-is-intensifying

āš ļøThe US job market is in decline

When accounting for future revisions, the labor market is falling at a recessionary pace.

globalmarketsinvestor.beehiiv.com/p/the-us-job-market-is-in-decline

āš ļøThe US labor market is experiencing a hidden recession

What alternative data and forward-looking indicators say about US employment

globalmarketsinvestor.beehiiv.com/p/the-us-labor-market-is-experiencing-a-hidden-recession

šŸšØWhat are the official US job openings, NFIB small business, and hiring data saying?

Time to update the analysis of the US labor market with additional data released on Tuesday, December 9.

globalmarketsinvestor.beehiiv.com/p/what-are-the-official-us-job-openings-nfib-small-business-and-hiring-data-saying

IN REALITY OVER A MILLION AMERICANS LOST A JOB IN 2026

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