Cooling, Not Crashing: Analyzing the US Labor Market

Podcast: The Decisive Podcast: Insights and analysis to empower confident decision-making. · S&P Global Market Intelligence

Opublikowano: 2026-03-07

The US labor market is no longer running hot — but it isn't freezing up, either. In this episode of The Decisive, S&P Global Market Intelligence economist Juan Turcios unpacks what a "softening" labor market really looks like in late 2025 and into 2026, and why the headline numbers don't tell the whole story. We dig into the sharp slowdown in payroll growth since the post-pandemic boom, the steady rise in the unemployment rate from its 2023 cyclical low, and the increasing concentration of job gains in a handful of sectors — especially healthcare. Juan also explores what's happening beneath the surf...