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“Bad News…real time Disability Data from US Bureau of Labor Statistics (BLS) rose 857k in June to a new all time high of 34.15 million. The rate of change is accelerating again. If this was a stock it’s a breakout chart and reacceleration of the trend. Both employed women & men hit new highs as well.”
“Something’s going on with our workforce that we’ve never seen before. And it’s gone so far above trend — it’s a health concern.”
Edward Dowd: ‘These Numbers Look Horrific’: Work Absence Rates Are Off the Charts — And It’s Only Gotten Worse |
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| By The Vigilant Fox March 28, 2023 The 2022 absence rate “makes absolutely no sense,” exclaimed former Blackrock portfolio manager Edward Dowd. “Something’s going on with our workforce that we’ve never seen before. And it’s gone so far above trend — it’s a health concern.” |
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