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More alarming reports of business going dark all over the economy.

Eurodollar University

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The Labor Market Not Falling Off That Cliff Yet

Jeff Smith: New orders are down, but why is the labor market not falling off that cliff yet? He says there's a direct correlation. As new orders go down, you need fewer people; it's only a matter of time. But as backlogs get worked down and your optimism starts to fade, then you start thinking, well, I don't have any work coming in."

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