If data upsets you it may be worth thinking about why. It’s just saying that hiring appears to be cooling off and that’s showing up in other places too (layoffs/freezes at FAANG, the BLS job opening stats just this morning: https://www.reuters.com/markets/us/us-job-openings-post-bigg...).
This isn’t some insidious campaign to crash the economy by showing that the economy is finally cooling off. Getting inflation under control is good long term but it will be painful.
This isn’t some insidious campaign to crash the economy by showing that the economy is finally cooling off. Getting inflation under control is good long term but it will be painful.