Very bearish chart.
Finding good ‘quality labour’ is no longer a problem in the US.
Sharp increase in labour supply is underway (as per today’s NFIB report).
Not what a soft landing looks like pic.twitter.com/KyA51rL28w
— Longview Economics (@Lvieweconomics) March 12, 2024
US NFIB has declined 0.5 points to 89.4
This is the sixth decline in the past seven months and marks a 9 month low pic.twitter.com/OQ08MtlLwj— Longview Economics (@Lvieweconomics) March 12, 2024
Small business hiring plans and optimism plummeted in February amidst rising inflation & rising unemployment.
— MacroEdge (@MacroEdgeRes) March 12, 2024
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