More evidence of a weakening US labor market:
The quits rate in the private sector declined to 2.0% in October, the lowest since the 2020 pandemic.
This measures the proportion of private workers voluntarily quitting their jobs.
At the same time, the total nonfarm quits rate fell to 1.8%, the lowest since May 2020.
Both metrics are now consistent with levels seen during in midst of the 2008 Financial Crisis.
For perspective, private and total quits rates during the 2001 recession were higher at 2.5% and 2.2%, respectively.
As hiring slows, fewer job opportunities are present, leading to a reduced number of workers quitting.
The US job market needs rate cuts.
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The quits rate in the private sector declined to 2.0% in October, the lowest since the 2020 pandemic.
This measures the proportion of private workers voluntarily quitting their jobs.
At the same time, the total nonfarm quits rate fell to 1.8%, the lowest since May 2020.
Both metrics are now consistent with levels seen during in midst of the 2008 Financial Crisis.
For perspective, private and total quits rates during the 2001 recession were higher at 2.5% and 2.2%, respectively.
As hiring slows, fewer job opportunities are present, leading to a reduced number of workers quitting.
The US job market needs rate cuts.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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HELL YES! Patriotic Americans in Washington are getting FED UP with illegals stealing things, so they’re going up and STEALING THEM BACK
The government is USELESS, so locals are taking matters into their own hands
“NO STEALING BEERS TODAY, HOMBRE!”
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The government is USELESS, so locals are taking matters into their own hands
“NO STEALING BEERS TODAY, HOMBRE!”
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SOMALI FRAUD IN WASHINGTON:
choeshow and I spent yesterday investigating Somali daycares in WA.
“Dhagash Childcare” has received over $210,000 just this year. People living at the address claim there has never been a daycare there.
We lay out the facts in this teaser
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choeshow and I spent yesterday investigating Somali daycares in WA.
“Dhagash Childcare” has received over $210,000 just this year. People living at the address claim there has never been a daycare there.
We lay out the facts in this teaser
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You are insufficiently astonished by what Claude can do with the right scaffolding. Here I asked it to generate an influencer video explaining LDL cholesterol and statins on a white board
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Buffalo, NewYork. Door locks, use them. Terrified Mother drives off after being surrounded by a gang of youths who opened the boot and doors of her car
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