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January 20, 2024 | Employment Cycling Down

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Unemployment spikes as recessions begin, but before that, early warning signs are fewer job openings and a shorter work week. The latest December jobs report showed spreading cyclical weakness.

Year over year, Indeed job postings fell 15% in 2023. See Finding a New Job is Getting Harder.Under the hood, postings for lower-paying positions increased while higher-paying openings in leading sectors like finance and software development decreased.
Economist Liz Ann Sonders offers a good overview in her latest update.

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

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January 20th, 2024

Posted In: Juggling Dynamite

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