The David Lin Report

Labor Market Collapsing; 5% Unemployment By 2025 As Recession ‘Steepens’ | Anna Wong


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Anna Wong, Chief U.S. Economist of Bloomberg Economics, discusses the health of the U.S. labor market, the chance of a recession "steepening", and the election's impact on economic growth.
Watch Anna's last interview with me: https://youtu.be/PgcA-VIT6Rw?si=w1DtiPMgq8WP5BxC
*This video was recorded on September 11, 2024
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0:00 - Weakening of labor market
1:05 - Unemployment rate outlook
7:06 - BLS revisions
9:28 - GDP revisions
13:50 - Consumer spending
16:15 - Construction payrolls
19:00 - Fed monetary policy
24:33 - Election and economic impact
31:20 - U.S. dollar outlook
#economy #recession #federalreserve

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