The Daily Chart: Is the Job Market Cooling?

The stock market is having a robust rally today, apparently in part because of a somewhat bad unemployment report (filings were up last week), which traders think means the Federal Reserve will take their boot off its neck and relax on interest rate hikes. Only on Wall Street is bad news good news. But longer term it appears job openings—a key boast of the Bidenistas—have been steadily declining for months. Recession ahead?

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