logo
episode-header-image
Sep 2025
20m 44s

The mystery of the vanishing jobs

Financial Times & Pushkin Industries
About this episode

The annual jobs numbers are in. And they have been revised down by 911,000 positions. But in a quickly changing economy, with many laborers literally leaving the country, what does that mean? Today on the show, Rob Armstrong and Aiden Reiter discuss the new landscape of employment in the US, and what it might mean for interest rates. Also they go long a new richest man in the world and long tweed. 


For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.


You can email Robert Armstrong and Katie Martin at unhedged@ft.com.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Sep 10
Oil, yen and egonomics
US Treasury secretary Scott Bessent cowed currency traders this week by claiming anyone shorting the yen was betting against “the house”. But he has failed to will US government borrowing costs lower, while his boss has failed to will the Strait of Hormuz open again. As Brent cru ... Show More
22m 10s
Sep 8
Unhedged Live: How Katie was “right all along”
Katie called it – so she claims. There are signs that foreign investors may be losing trust in US assets. This has been the source of a running debate between the hosts Katie Martin and Rob Armstrong on this podcast, and Rob finally concedes she may have a point. Awkwardly for hi ... Show More
27m 29s
Sep 3
Dear Brits, please save more
Britain has a problem. Almost half of the country’s working age adults are not saving into a pension at all. So if you know somebody who isn’t thinking enough about their future retirement, it may be time to have a frank conversation with them. In today’s show, Katie Martin talks ... Show More
22m 40s
Recommended Episodes
Apr 2024
46. The end of the gig economy’s golden era
Will your side-hustle be taxed? Who will benefit from freeports? What does Britain’s gig economy mean for productivity? Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money. Sign up to our newsletter to get more insightful stories fro ... Show More
28m 54s
Feb 2023
Mass Hiring, Mass Layoffs Create a Jobs Market Puzzle
While many companies hired more than a million workers over the past several months, others have been laying off thousands of employees. WSJ’s Sarah Chaney Cambon joins host J.R. Whalen to discuss the state of the U.S. labor market and what it means for the broader economy. Hoste ... Show More
6m 24s
Aug 2024
Poor Jobs Report Feeds Recession Fears & Another Company Leaves CA for TX
Episode 380: Neal and Kyle break down last month's jobs report and why experts are fearing a recession following the markets latest fall. Then, why consumers are turning to Amazon after growing tired of locked up products in CVS and Target. Next up, Chevron is the latest company ... Show More
31 m
Aug 2025
What's Really Happening with the US Economy?
While the White House claims the US economy is booming, recent data indicates otherwise, with one report in particular fueling concerns about a weak job market. In response, President Trump fired the person responsible for producing the numbers he claims were "rigged." So what's ... Show More
56m 13s