Heather Long

And so I think you're right.

You look at these equity markets and you almost want a reality check.

I mean, nobody wants these stocks go down, but you sort of say, we need a breather here.

You know, people need to look around and, and just sense check a little.

They're not.

I've been calling it a hiring recession.

It's very clear that there's no hiring going on outside of health care.

And you're right.

What was telling to me this week was seeing the big decline in job openings.

So not only have companies not been hiring, now they're not even thinking about hiring.

They're not even putting the pretend job opening up on the labor market website anymore.

And in particular, the big pullbacks in those job listings were professional and business services, finance, which is an interesting one, and then healthcare, right?

So healthcare, the one big driver of job, any hiring that has been happening has even seen a pullback.

I will say...

This is frustrating.

This is a jobless boom, strong GDP, no hiring, hiring recession.

But I do see that it's not getting worse.

I expect when we finally get that government jobs data next week that we'll see something that doesn't feel great, but it's not getting worse.

Well, I think the key thing here is all the stimulus coming.

I mean, look, these tax rebates that are going to be larger.