Heather Long

But

The encouraging news here in 2026 is if you look across January, February, March, we're averaging about 68,000 job gains a month.

The encouraging news here in 2026 is if you look across January, February, March, we're averaging about 68,000 job gains a month.

And it's more than health care.

And it's more than health care.

It's manufacturing, construction, hospitality.

It's manufacturing, construction, hospitality.

But if you look at some downsides, a lot of people left the labor force in March, almost 400,000.

But if you look at some downsides, a lot of people left the labor force in March, almost 400,000.

And many of those were young people in their 20s, early 20s.

And many of those were young people in their 20s, early 20s.

And then wage growth is cooling off.

And then wage growth is cooling off.

just as a lot of people are getting hit with these higher gas prices and other commodities rising.

just as a lot of people are getting hit with these higher gas prices and other commodities rising.

Yeah, it's a really interesting question, Kai.

Yeah, it's a really interesting question, Kai.

So we're looking every day at debit card and credit card data.

So we're looking every day at debit card and credit card data.

And I have to tell you, March still looks pretty good.