The Fed says the labor market is “healthy.” Consumers say otherwise. And thanks to a brand-new ADP dataset, we finally have proof that the truth isn’t on the Fed’s side.

In this episode, Mark Malek breaks down the real-time data that’s exposing just how weak the job market has become—and why policymakers are dangerously behind the curve. Forget the old government reports (they’re frozen anyway). ADP’s new NER Pulse is revealing weekly job losses that the Fed can’t afford to ignore.

This isn’t about burgers—it’s about economic reality. Beef prices are up 180%, the labor market is contracting, and the Fed’s still trying to fix drought-driven inflation with higher interest rates. If they don’t pivot soon, they’ll turn a slowdown into a full-blown policy mistake.

Watch now to see the one chart that could force the Fed’s hand—and learn why the next move from Wall Street might come before the Fed even blinks.

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