Jobs Headlines
It’s been a while since I’ve seen multiple 1,000+ job headlines on the same day. Back then, the headlines were universally bad. I saw these on Bloomberg and realized how long it’s been:
I don’t really know what to make of the 1-step-forward-two-steps-back aspect of this. I find it a bit odd that labor market volatility seems to be on the decline when we get these headlines. Outside of retailers, big changes in jobs aren’t exactly expected.
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crazynutjob posted this