We've been in a defacto recession for months. Deformations in GDP from AI investment and server farm spending has grossly inflated actual growth.

""This is the worst spring for young degree holders since the depths of the pandemic."
#economics #jobs #recession #depression #collapse #employment #labor #USA #revolution
https://www.nytimes.com/2026/03/24/business/economy/college-graduates-job-market-hiring.html

College Graduates Are Facing the Grimmest Job Market in Years

Artificial intelligence could reshape work, but for now a low-hire, low-fire labor market is the main impediment for young people seeking employment.

The New York Times