Headline Job Growth ≠ Labor Market Strength

December 2024 jobs report: +216k jobs, 3.7% unemployment. Strong? Not quite. Full-time jobs are shrinking as part-time work grows (+500k YoY). Labor force participation is down, and sectors like temp help services are shedding jobs—an early warning signal.

Beneath the headline, the market is softening. Are we mistaking quantity for quality? ⚖️

#JobsReport #LaborMarket #EconomicTrends #inflation