Is the US labor market in the calm before the storm? Economists say the Beveridge curve is the signal to watch.

WASHINGTON, Sept 4 (Reuters) - The number of Americans filing new applications for unemployment benefits increased more than expected last week, while hiring by private employers slowed in August, ...

SPDR S&P 500 ETF Trust (SPY) remains rated a buy, but I urge vigilance due to unprecedented, gradual rises in U.S. unemployment. Current labor market deterioration—across U-3, U-5, and U-6 rates—is ...