Private sector lost 33k jobs, badly missing expectations of 100k increase

Re:Private sector lost 33k jobs, badly missing expectations ... by fHr on Wednesday July 02, 2025 @03:20PM (#44447761)

Same with the stock market completly decoupled from the real economy. It's a wealthy index, there could be a real recession and the stock market still would go up.

[ Parent | on HN ]

Re:Private sector lost 33k jobs, badly missing expectations ... by wnc3141 on Thursday July 03, 2025 @12:16PM (#44456586)

Stock market measures two things, 1) the performance of firms within their economic environments. 2) the level of savings to be invested in the stock market.

Both are tied to the labor-share of income. That is, how much income is generated through yield on capital (firm profits returned to shareholders, rents, financial services) compared to earned through labor.

This chart inversely correlates nicely with the stock market. https://fred.stlouisfed.org/series/W270RE1A156NBEA

[ Parent | on HN ]