New hiring dropped by more than 300,000 workers in June, taking it to its lowest point since early 2021:
In better news, job openings and quits were pretty much flat. More evidence of a soft landing?
2 thoughts on “Hiring drops to lowest level since 2021”
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The PAC-12 is on the precipice of possibly dissolving and you haven't made a single post about it.
But also, Jason Furman referred to what's happening as the immaculate cooling -- soft landing without recession. You're one of the few people out there sticking to talk of a recession aside from the far-right which thinks the economy is already in recession and Bidenomics has been a total disaster.
But... wasn't 2021 a time of really high hiring numbers? So we're back to April/May 2021 hiring numbers, right when things were getting going again with the vaccines and economies opening back up for-real?
The degree to which a narrative is being pushed here by stripping data points of their context would be shocking if it weren't the 50th post doing the same exact thing.
Why are you mimicking Fox News of old?