When the person who is supposed to help you find a job finds out they no longer have one themselves, that's a warning sign about the economy. Those have been proliferating lately and mostly focused on employment. This fits nicely (in a bad way) into other late cycle signals coming across including a sharp rise in consumer credit delinquencies.
Eurodollar University's Money & Macro Analysis
Indeed Message from CEO
https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams-2
FRBNY HOUSEHOLD DEBT AND CREDIT REPORT (Q1 2024)
https://www.newyorkfed.org/microeconomics/hhdc.html
Liberty Street Economics Delinquency Is Increasingly in the Cards for Maxed‑Out Borrowers
https://libertystreeteconomics.newyorkfed.org/2024/05/delinquency-is-increasingly-in-the-cards-for-maxed-out-borrowers/
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.