I wonder if it’s because increasing the cost of doing business with massive tariffs nobody asked for or needs is causing businesses to get nervous and stop hiring.
Naww, must be someone else’s fault.
Naww, must be someone else’s fault.
The data is lagging, usually by a full year. The policies that lead to that data are from the year before data collection, at a minimum, more likely two+ years.
Economic policies generally take time to ripple through the economy. Generally. There are exceptions. Interest rates tend to affect things pretty quickly relative to other changes.