The number of jobs needed to keep US unemployment stable has collapsed:
— The Kobeissi Letter (@KobeissiLetter) April 13, 2026
Minimum monthly job gains needed to hold unemployment steady are down to an average -3,000 per month.
The breakeven rate has collapsed from ~250,000 per month in mid-2023, driven by a decline in net… pic.twitter.com/8FigKrqTvD
Monday, April 13, 2026
The number of jobs needed to keep US unemployment stable has collapsed
