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JOB JEOPARDY

While we haven’t seen large numbers of layoffs, monthly hiring is at its lowest level since 6/15, and at the lowest percentage since 3/13. Similarly, job postings on Indeed.com are at their lowest since 2/21. When workers are asked if jobs are “plentiful” or if they’re “hard to get”, the Plentiful-Hard to Get gap was +8 points. Pre-Covid it was +40. American workers are rightfully nervous about losing their jobs.

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