This episode is a full-on “the headline is the least important part” takedown. We break down how the U.S. manufacturing side of the jobs data is quietly screaming recession (32 straight months of declines… yeah, that’s a thing), while the media does victory laps on top-line numbers like we’re not all watching the revisions come in later with a chair and popcorn. Then we get into the weirdest plot twist of the labor market: retirees are re-entering and grabbing new roles at rising rates, while under-25 workers are fading from the “new job” pipeline—because apparently the American Dream is now a part-time shift… after you already retired. Add in the usual THS spice: AI hype, crypto whiplash, and the “sensational headlines vs. reality” problem that keeps everyone emotional and nobody informed.
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🔗 Resources:
Retirees are increasingly re-entering the labor market (Hedeye via X)
NEW: Job growth SURGED in January, adding 130,000 total non-farm jobs and 172,000 private sector jobs (Rapid Response 47 via X)
I wouldn’t exhale with today’s job numbers (Mark Zandi via X)
Historic Negative Jobs Revisions: 1 Million Fewer Jobs Added In 2025 (Zero Hedge via X)
2025 Worst Year for U.S. Hiring Since 2003 (Walter Bloomberg via X)
U.S. home prices will be flat in 2026 (Lance Lamber via X)
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