Down 15% from a year ago. Employment lags job openings by a few months. It hit the usual suspects but also the services industries, including finance & insurance, tech, and healthcare.
“Does Everyone Who Wants a Job Have a Job?”
How out-of-whack is the discrepancy in growth between incomes, rents, and house prices?
Wall Street’s fervent hopes and prayers for rate-cut ammo were not fulfilled.
But Texans Say, “We’re Full.” And Californians, Buckling Under Housing Costs & Congestion, Tell Wannabe Leavers, “Just Do It”
Unless there is a sudden catastrophic event, hiring trends don’t go from awesome to shitty in just one month.
For the majority, pay has remained flat or has fallen over the past year.
What SpaceX is trying to do has “bankrupted other organizations,” it said.
But there’s a bottom for everything.
It’s called “Housing Crisis” for a reason.