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Solid Payrolls Print Belies Labor-Market Softening
Bloomberg Businessweek
The Discrepancy Between the Payroll Number and the Employment Level Number Suggests a Shift in Job Postings
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Tylia Pollack, chief economist over at Zippert-Kruder on Zoom from Los Angeles, breaks down what we're seeing in the monthly jobs report. Job openings are down 16% from their peak in the Joltz report from the labor department, but about 36% down from their peak online across the web. So there does seem to be a shift happening where workers are prioritizing security increasingly over flexibility.
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