The Low Level of Layoffs

Job cut announcements from the challenge report are very low. Businesses seem to be focusing more on maybe pulling back some of their job openings rather than actual layoffs at this point. You've heard my explanation for the low layoffs, kind of the labor hoarding argument. Do you buy into that? I think you asked this last week. Yeah. Oh, I think I did. It was a couple of weeks ago. The hiring is still being organic. They're seeing the demand for goods and services. They're still fulfilling. Okay. Is it too easy? It's too easy. Yes.