The job market hasn't been rosy for a while and the numbers haven't really changed. Powell just keeps talking like there is a lot of room because there are more jobs than people being hired but it hasn't changed the fact that this has been the case for a while now. I fully expect a recession because the stimulus money has dried out and there won't be the funds to do discretionary spending.
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The JOLTS is way over stated. Sad that so many buy into it.
We are not seeing a ton of hiring, especially in manufacturing. The reports keep telling the same story.
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