Julia Coronado predicts that the demand-side impact of the energy supply shock will likely hit the US economy in late Q2 or Q3.

Julia Coronado states that the US labor market has moved past the "labor hoarding" phase and is now characterized by more churn, with increased hiring and firing.

Current inflationary pressures in the US economy are not being generated by wage growth.

The US labor supply is being dragged down by an aging population, with Baby Boomers retiring, and a precipitous drop in legal immigration.

The break-even rate of job creation needed to keep the US unemployment rate steady is estimated to be between 0 and 50,000 jobs per month.