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Jobs Are No longer Hiring

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Manage episode 415975839 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Hiring has near completely dried up in the US labor market, contrary to all mainstream talk of a booming economy. JOLTS hires was the lowest since March and April 2020, and apart from those the worst in six and a half years. That substantial weakness was further corroborated by some of the biggest companies in the world reporting sharply lower results on increasing consumer difficulties. Yet, everyone will be focused entirely on the Fed and its absurd "inflation" fixation.

Eurodollar University's Money & Macro Analysis

FOMC Chair Powell Press Conference Playback May 1, 2024
https://www.youtube.com/watch?v=o0unztmcLvA

USA Today
https://www.usatoday.com/story/money/2024/03/07/job-market-cooling-despite-high-employment-numbers/72846912007/
Behind the rosy job numbers, Americans are struggling to find work

Bloomberg Starbucks Posts First Sales Drop Since 2020 During Global Pullback
https://www.bloomberg.com/news/articles/2024-04-30/starbucks-sbux-sales-slump-as-customers-pull-back-across-the-world?srnd=all

Bloomberg KFC Owner’s Sales Fall for First Time Since 2020
https://www.bloomberg.com/news/articles/2024-05-01/kfc-owner-s-sales-fall-for-first-time-since-2020-as-weakness-spreads

ISM Manufacturing Press Release
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/april/

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

783 episodes

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Jobs Are No longer Hiring

Eurodollar University

228 subscribers

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Manage episode 415975839 series 2679639
Content provided by Jeff Snider. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeff Snider or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Hiring has near completely dried up in the US labor market, contrary to all mainstream talk of a booming economy. JOLTS hires was the lowest since March and April 2020, and apart from those the worst in six and a half years. That substantial weakness was further corroborated by some of the biggest companies in the world reporting sharply lower results on increasing consumer difficulties. Yet, everyone will be focused entirely on the Fed and its absurd "inflation" fixation.

Eurodollar University's Money & Macro Analysis

FOMC Chair Powell Press Conference Playback May 1, 2024
https://www.youtube.com/watch?v=o0unztmcLvA

USA Today
https://www.usatoday.com/story/money/2024/03/07/job-market-cooling-despite-high-employment-numbers/72846912007/
Behind the rosy job numbers, Americans are struggling to find work

Bloomberg Starbucks Posts First Sales Drop Since 2020 During Global Pullback
https://www.bloomberg.com/news/articles/2024-04-30/starbucks-sbux-sales-slump-as-customers-pull-back-across-the-world?srnd=all

Bloomberg KFC Owner’s Sales Fall for First Time Since 2020
https://www.bloomberg.com/news/articles/2024-05-01/kfc-owner-s-sales-fall-for-first-time-since-2020-as-weakness-spreads

ISM Manufacturing Press Release
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/april/

https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

  continue reading

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