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Companies are *cutting* full-time jobs like they do EVERY time before recession. Fed pivot coming.

Eurodollar University

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Ignore the Problems in Full Time Jobs

The man power survey to be released next Monday will once again show record high demand for labor throughout the nation. This was November of 2000, mere months before the official start of the dot com recession. Markets had priced recession, full times job showed a transition toward recession and policy makers were in absolute denial about the labor market situation. The same inflection that we see today as we saw 20 years ago before the dotcom recession.

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