Another recession warning and this one is related to brewing problems with unemployment. The September payroll report has put mainstream focus back on a soft- or no-landing scenario, but we've been there before not long ago. Meanwhile, apart from the unreliable payroll figure everything else continues to point to bigger trouble, including Americans who have stopped using their credit cards.  Eurodollar University's Money & Macro Analysis ***EURODOLLAR UNIVERSITY FALL SALE***Subscriptions and price information:https://www.eurodollar.university ABC News Blockbuster jobs report flexes economic strength, defying Americans' lukewarm attitudeshttps://abcnews.go.com/Business/blockbuster-jobs-report-flexes-economic-strength-defying-americans/story?id=108887637 Challenger, Gray & Christmas Job Cuts Flat in September 2024 from August; YTD Surpasses 2023https://www.challengergray.com/blog/job-cuts-flat-in-september-2024-from-august-ytd-surpasses-2023/ Robert Shimer Reassessing the Ins and Outs of Unemploymenthttps://home.uchicago.edu/~shimer/wp/reassess.pdf Twitter: https://twitter.com/JeffSnider_EDU