I don’t know how any news source can say something like a “16 year low” when we know how completely screwed up the BLS data has been over at least the past four years and probably longer than that. Fix the methodology and give everyone comfort that it is no longer politicized, then we can use that as a baseline going forward.
“Rate cuts will not entice companies to expand, despite Washington’s insistence that they would, as employers lack confidence in the future.”
Another fabrication by the source. If rates go down companies are more able to expand. Confidence? Not good to float opinions as facts. Short term may be rocky but it’s clear the economy is headed in the right direction.
I follow the various jobs/recruiting/ work echoes on Reddit. .It iscrally awful out there. . .