A Labor Market That Can’t Make Up Its Mind One month, jobs surge. The next, they disappear. At first glance, March’s addition of 178,000 jobs seems like a reassuring headline. But step back, and a far more troubling pattern emerges: the U.S. labor market has been oscillating between gains and losses for nearly a year. This isn’t normal. For years, the economy delivered consistent—if slowing—job growth. Now we’re seeing something different: a system that can’t find its footing. A “yo-yo” labor market where momentum builds, collapses, and resets in rapid succession. Ask yourself: what kind of economy behaves like that? The Illusion of Stability If you only looked at the unemployment rate, you might think everything is fine. Hovering between…
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