...does this look like soft landing to you? By job opening type...

...does this look like soft landing to you?

By job opening type - white-collar jobs have entered contraction and blue-collar jobs remain about 17% higher than Feb 2020 levels.

The Fed began hiking in March of 2022.

https://x.com/MacroEdgeRes/status/1782914319795073449

..and in just the past 12 hours, MacroEdge reported:

*State Street, the largest custodian bank in the world, is gearing up for layoffs that will reportedly begin as soon as next week

*Solar giant Sunpower will cut 1,000 jobs which is about 30% of their total workforce

*The University of Pittsburgh Medical Center is laying off over 1,000 employees

*Yum Brands has reportedly announced massive job cuts and a reorganization, the Chief Strategy Officer has also resigned

*Whirlpool is cutting over 1,000 jobs in the United States