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Unhedged

The mystery of the vanishing jobs

21 min11 september 2025

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. 


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You can email Robert Armstrong and Katie Martin at [email protected].


Read a transcript of this episode on FT.com

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