Unemployed Outnumber Job Openings in US
The number of unemployed Americans now outnumbers available job openings. Data from July show 7.24 million unemployed Americans compared to 7.18 million job openings, marking the first time that the unemployed have outnumbered the number of available jobs since April 2021. This is precisely what we see during stagflation and a structural labor shift. Companies […]
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