Companies Are Now REFUSING To Hire Employees

The level of hiring in the US has collapsed in a way we haven't seen since 2008 and 2009 (outside the pandemic lockdowns). JOLTS survey results show the largest 6-month decline in hiring of any same-sized period over the entire 21st century (ex. '20). The labor market is more than halfway into recession; but what about that other half?

Eurodollar University's Money & Macro Analysis

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