It's difficult to gauge the health of the overall economy when there's so many mixed signals. On the positive side, there's the job market situation. Believe it or not, wages have kept up with inflation on a nominal basis. So employees have actually been compensated at levels outpacing inflation (even if it doesn't feel like it).
But do take this data for what it is - this is national level data that could be overlooking your local economy or individual situation.
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Disclaimer:
This video contains solely my views and opinions for the purposes of education and entertainment. This is not financial advice. I am not operating in a fiduciary capacity, nor am I undermining the importance of seeking professional assistance should you feel it to be necessary.
job market 2024, employment situation may 2024
