The Market Ticker - Ha Ha Ha -- Big shock
But but but — everyone is going back to work!
No they’re not. I’ve posted this out for quite some time and it’s not new either. Now Tim Knight has brought it up too with a couple of interesting charts to go with it.
David Stockman, one of the heroes here on Slope, offered up this illustration of the aggregate hours being worked in the leisure/hospitality industry. As you can see, the jobs “growth” is nothing more than a PARTIAL undoing of the shutdown last year. The job market isn’t growing at all. It’s simply partially un-shrinking.
Yep.
And worse, the (Click link to read more)
Source: https://market-ticker.org/akcs-www?post=242638
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