US Job Market Is Rebalancing Not Weakening, Dallas Fed Blog Says (bloomberg.com)

>The slowdown in immigration means the US doesn’t need such robust job gains to keep the unemployment rate stable, suggesting the recent slide in payrolls may not be so worrisome, according to new research from the Federal Reserve Bank of Dallas.

If I'm reading this correctly, the argument being made is that U.S. population is declining now, so the job market shrinking doesn't matter. Isn't that...equally troubling...at least to the same people who are enacting the policies causing this?

Economic terms get softened or weakened over time: "panic" became "depression" became "recession".

Will "recession" be superceded by "rebalancing"?