Eurodollar University The Hiring Crisis: What’s Really Happening to the Job Market?
Dec 4, 2024
The holiday shopping season is struggling, with fewer shoppers and lower spending reported. Despite claims of a robust job market, hiring rates have plummeted and wages remain stagnant. The rise of 'ghost jobs' creates a misleading picture of demand for labor, complicating the hiring landscape. Additionally, consumer caution reflects economic insecurity, as job security concerns dampen spending. Overall, the podcast highlights the deep-rooted issues affecting the labor market and economic recovery.
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