Job openings taking a hit

A pretty big miss on JOLTS—7.6 million job openings versus the expected 8 million. That’s not just a rounding error; that’s a clear sign the labor market isn’t as strong as some want to believe. And construction? Job openings are at their lowest since April 2020, back when everything was …

READ MORE

Over half of 2024 job growth tied to government hiring

Exactly! "…his is completely unsustainable and points to a much weaker labor market than the headlines make it appear." The soon-to-be unemployed government whisperers have been using government hiring to demonstrate growth, akin to how bloodletting was once believed to heal… — John Welty (@apostlejohn) January 10, 2025 BREAKING: Bank …

READ MORE

This is the surge in Job openings people are talking about.

This is the surge in Job openings people are talking about. pic.twitter.com/sqtaSDE666 — Mr.Awsumb (@MrAwsumb) January 7, 2025 If we seasonally adjust the job openings, the applicants won't notice how bad it is. Or how many of them have been the same job position "open" for 5 years. pic.twitter.com/xFAFSl0RAx — …

READ MORE

UNEMPLOYMENT IN CALIFORNIA IS SKYROCKETING. US RECURRING JOBLESS CLAIMS HIT 3-YEAR HIGH, JOB SEARCH SLOWS.

🚨UNEMPLOYMENT IN CALIFORNIA IS SKYROCKETING🚨 The number of unemployed persons in California reached a whopping 1.05 MILLION, the highest in 3 years. Unemployment has jumped by 322,000 over the last 2 years. At the same time, the unemployment rate spiked to 5.3%. Recession? pic.twitter.com/gNpLH6z0ZH — Global Markets Investor (@GlobalMktObserv) December …

READ MORE

California’s job market weakens; Nevada faces early labor market recession signs.

California’s job market worsens: employment drops, unemployment rises, labor force shrinks. https://t.co/ANUo7WJBMK — WarnTracker 2.0 (@j77324) December 20, 2024 Nevada’s labor market shows recession signs: employment declines monthly since June. It 100% is. The entire situation is just getting worse, and frankly, nothing is being done besides tax abatements that …

READ MORE

Job market imploding?! The Fed is going to cut rates again next week while food price inflation rises and stock valuations remain at extreme levels. Gold is about to start making headlines again!

#recession … #StockMarket Bubble edition https://t.co/p7cgcLzyrT pic.twitter.com/So5TXB58ic — Invariant Perspective (@InvariantPersp1) December 11, 2024 Big cap Tech performance last 8 trading days $GOOGL 14%$AAPL 5.5% $MSFT 6% $META 10% $TSLA 18% $NFLX 6% — TT3 (@TradingThomas3) December 11, 2024 Bitcoin rippingGold rippingMost stocks ripping. Why? Because the Fed is a …

READ MORE

US job cuts hit 722,566 YTD, highest since 2009 excluding 2020.

US JOB CUT ANNOUNCEMENTS ARE SKYROCKETING⚠️ US-based firms announced 57,727 job cuts in November, the third-highest number since the 2008 FINANCIAL CRISIS. Year-to-date there have been 722,566 job cuts, the largest amount since 2009 (Financial Crisis), excluding 2020 Crisis. ⚠️US JOB CUT ANNOUNCEMENTS ARE SKYROCKETING⚠️ US-based firms announced 57,727 job …

READ MORE

Trump spoke personally with DeSantis yesterday about replacing Hegseth — DeSantis wants the job.

Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, said on Wednesday he will not “back down” after new misconduct allegations have caused growing concern among Republican senators who would vote on whether to confirm him. “I’m doing this for the warfighters, not the warmongers. The Left is afraid of …

READ MORE

If this trend continues, it will turn out that August and October saw JOB LOSSES. Hiring fell sharply before summer and never came back, all of that leading up to the holidays. ADP October payrolls revised down.

⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn out that August and October saw JOB LOSSES. pic.twitter.com/rA3cgv6En6 — …

READ MORE