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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
FluentInFinance ("Andrew Lokenauth") wrote:
BREAKING: The US now has more unemployed Americans than job openings for the first time since April 2021.
In July, the US had 7.24 million unemployed people and 7.18 million job openings.
Meanwhile…
60% of recent graduates are unemployed and cannot find jobs.
Tells you everything you need to know.
Expect the unemployment rate to rapidly rise from here on out.