#Supply🆚Demand
⚠️Evidence of softer labor demand & reduced supply absorption

📊Comparing to Pre-Covid

⚠️Hiring 3.4% (flat) **near low since 2013** 🆚 4.3%

⚠️Quits: 2.0% (flat) **near low since 2014** 🆚 2.6%

⚠️Job openings 4.5% (-0.4pt) 🆚 4.5%
February 4, 2025 at 5:23 PM
⚠️Evidence of softer labor demand & reduced supply absorption (Hiring/Quits are superior to Openings).

📊Comparing to Pre-Covid

⚠️Hiring 3.3% (-0.1pt) **low since 2013** 🆚 4.3%

⚠️Quits: 1.9% (-0.2pt) **low since 2014** 🆚 2.6%

▶️Job openings 4.8% (+0.1pt) 🆚 4.5%
January 7, 2025 at 3:38 PM
Hiring/Quits are superior indicators to Openings.

Evidence of softer labor demand & reduced supply absorption

📊Comparing rates to Pre-Covid

▶️Hiring 3.3% (-0.2pt) 🆚 4.3%

▶️Quits: 2.1% (+0.2pt) 🆚 2.6%

▶️Job openings 4.6% (+0.2pt) 🆚 4.5%
December 3, 2024 at 3:17 PM
⚠️Evidence of softer labor demand & reduced supply absorption

📊Comparing to Pre-Covid

⚠️Hiring 3.4% (flat) **near low since 2013** 🆚 4.3%

⚠️Quits: 2.0% (flat) **near low since 2014** 🆚 2.6%

⚠️Job openings 4.5% (-0.2pt) 🆚 4.5%
April 1, 2025 at 2:17 PM