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Minneapolis, MN
We're forecasting a net gain of 85,000 jobs in August. New job openings dropped 2.2% and total job openings were essentially flat, rising just 0.1%. That’s the weakest August reading in our data in the past decade. #NFP
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LinkUp forecasting a net gain of 50k jobs in April as labor demand & job growth remain anemic... #NFP diggings.substack.com/p/link…
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Based on LinkUp’s data, we're forecasting a net gain of 35,000 jobs in March - slightly below consensus estimates of 65,000 jobs. #NFP diggings.substack.com/p/link…
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“The U.S. economy, as a job creating machine, has literally been shut off.” -Toby Dayton, LinkUp CEO diggings.substack.com/p/the-…
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"On the jobs front, things couldn’t be uglier. Excluding the pandemic, the 584,000 jobs gained to date in Trump’s economy were the worst since 2009 in the depths of the financial crisis." -Toby Dayton, LinkUp CEO Substack in comments
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"Not counting healthcare and social assistance jobs, private sector job growth was effectively zero this past year. And even those miserable numbers will likely get revised downward in future BLS releases." -Toby Dayton, LinkUp CEO
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$INTC stock ⬆️ and so are jobs by 96% since July.
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LinkUp forecasting a net loss of 25,000 jobs in December...😨 BLS #NFP
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LinkUp forecasting job growth of just 45,000 jobs in November. linkup.com/insights/monthly-… BLS #NFP
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"Over the past 3 previous Thanksgiving weeks since 2022, the average decline was 3.7%, so this year’s drop, while expected, is nonetheless quite a bit larger than history would suggest." 📉 diggings.substack.com/p/job-… #jobmarket #data
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BLS didn't release their official September JOLTS report, but we're still on it! Our #JOLTS forecast for October is 7.13M open jobs. A 0.9% decrease in job openings from our forecasted September number of 7.19M. linkup.com/insights/blog/lin…
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Last week, active U.S. job postings from global company & employer websites decreased by 1.1%, continuing a five-week downward trend. Since the election, US labor demand has declined 15%. diggings.substack.com/p/us-j…
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What happened in Q3? -Active jobs declined 1.8% -Average time to hire increased 5.38% -LU 10k held flat around 4.0M Industries that saw the largest drop in labor demand in Q3? -Public Administration (-18.1%) -Management of Companies and Enterprises (-12.6%) -Information (-6.8%)
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