It's a Cold Labor Market

Here’s my takeaway up front: in this job market, you have to prove yourself more than ever.
Friday’s jobs report was the last one before the midterm elections, and it was boring. Boring the way a cold labor market is boring. Nobody is getting laid off in big waves. Nobody is getting hired either.
This week on the Decode Econ podcast, Dr. Jeni Al-Bahrani joins me to talk about what that looks like on the ground. Jeni teaches the senior capstone at Miami University. In fall 2024, about 80% of her seniors had a job lined up before graduation. This fall, it’s about 30%.
Our students want…