⚠️Americans have rarely been this pessimistic about the job market

Americans assessment of the labor market hit a record low

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The share of employees with a positive view of their employer’s business outlook fell to 44% in May, the lowest since 2016 when data began.

The assessment has been declining for the past 3 years.

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Layoff fears rose 18% year-over-year to the highest level since the 2020 Crisis, according to Glassdoor.

The current assessment of the US labor market can be found below.

⚠️The US labor market headline numbers are useless

The job market is in a way worse shape than the non-farm payrolls readings show

globalmarketsinvestor.beehiiv.com/p/the-us-labor-market-headline-numbers-are-useless

⚠️The US stock market is priced in for perfection and almost every investor believes in it

The next important test for the markets is coming during the last week of January

globalmarketsinvestor.beehiiv.com/p/the-us-stock-market-is-priced-in

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