BREAKING: US job postings on Indeed fell -3.5% YoY in the week ending July 10th, to near the lowest this year.
Postings have declined -37.2% since April 2022 and are now down to February 2021 levels.
The number of available vacancies in the US is now only +1.0% above pre-pandemic levels recorded in February 2020.
Furthermore, new job postings on Indeed dropped -10.9% YoY, to the lowest since early January, continuing their over 4-year decline.
As a result, new job postings are now -3.5% below February 2020 levels.
This all suggests a further deterioration in official BLS job openings data for June and July.
The US labor market is losing momentum.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Postings have declined -37.2% since April 2022 and are now down to February 2021 levels.
The number of available vacancies in the US is now only +1.0% above pre-pandemic levels recorded in February 2020.
Furthermore, new job postings on Indeed dropped -10.9% YoY, to the lowest since early January, continuing their over 4-year decline.
As a result, new job postings are now -3.5% below February 2020 levels.
This all suggests a further deterioration in official BLS job openings data for June and July.
The US labor market is losing momentum.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
βΌ VARTA DEAD:
After apple cancelled its contract for airpod batteries, the German legendary company Varta will file for bankruptcy.
All attempts to save the company failed.
The creditors want to detach the profitable household battery division into a separate entity and close the rest.
The legendary 138 old company is dead.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
After apple cancelled its contract for airpod batteries, the German legendary company Varta will file for bankruptcy.
All attempts to save the company failed.
The creditors want to detach the profitable household battery division into a separate entity and close the rest.
The legendary 138 old company is dead.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
β‘1π1
2026 rate hike odds rising tick for tick with oil prices. now almost at 2 fully priced-in hikes by December (per SOFR). Meanwhile, on Polymarket 2 hikes is now the majority market, and rising
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
This media is not supported in your browser
VIEW IN TELEGRAM
The Post Office is out of cash and stealing from its own workersβ retirement funds just to stay open.
Postmaster General David Steiner told Congress last month the business model is broken.
No profit since 2006 and over $117 billion in losses since 2007, including $9.5 billion last year alone.
First Class Mail volume just dropped another 6.3% in a single year as people switched to email and digital bills, and the only segment still growing is packages, where UPS and FedEx already dominate.
They delayed the collapse by skipping payments into the workersβ retirement plan. That buys time, nothing more.
Just privatize it completely and be done with it. Private carriers already deliver the growing part of the business more efficiently, without raiding pensions or running perpetual losses.
Competition forces real cost control and service improvements. A government monopoly that has lost money for nearly two decades will never fix itself.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Postmaster General David Steiner told Congress last month the business model is broken.
No profit since 2006 and over $117 billion in losses since 2007, including $9.5 billion last year alone.
First Class Mail volume just dropped another 6.3% in a single year as people switched to email and digital bills, and the only segment still growing is packages, where UPS and FedEx already dominate.
They delayed the collapse by skipping payments into the workersβ retirement plan. That buys time, nothing more.
Just privatize it completely and be done with it. Private carriers already deliver the growing part of the business more efficiently, without raiding pensions or running perpetual losses.
Competition forces real cost control and service improvements. A government monopoly that has lost money for nearly two decades will never fix itself.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π―2π€―1
Media is too big
VIEW IN TELEGRAM
The IRS is threatening to seize a Tennessee man's farm after charging him interest on a $20,000 refund it accidentally sent him, which he immediately tried to return.
Wilson Perry Kirby, 76, says he was accidentally sent $20,000 by the IRS in 2022.
Kirby immediately tried returning the money and even hired an accountant to fix the issue.
Instead, the IRS is now charging him interest on the money he tried returning and is withholding his 2025 tax refund.
"I've tried the president, governor, mayor. They don't mind asking you to vote for them, but when you need help you can't get ahold of nobody," Kirby said.
Despite trying to fix the problem, the IRS is still sending letters, demanding he pay interest on the money they accidentally sent him that he tried to return. He never spent it.
The IRS is now threatening to seize his farm if he doesn't pay the up to $4300 (and growing) interest.
Infuriating.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Wilson Perry Kirby, 76, says he was accidentally sent $20,000 by the IRS in 2022.
Kirby immediately tried returning the money and even hired an accountant to fix the issue.
Instead, the IRS is now charging him interest on the money he tried returning and is withholding his 2025 tax refund.
"I've tried the president, governor, mayor. They don't mind asking you to vote for them, but when you need help you can't get ahold of nobody," Kirby said.
Despite trying to fix the problem, the IRS is still sending letters, demanding he pay interest on the money they accidentally sent him that he tried to return. He never spent it.
The IRS is now threatening to seize his farm if he doesn't pay the up to $4300 (and growing) interest.
Infuriating.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π€―7π€¬4
This media is not supported in your browser
VIEW IN TELEGRAM
POTUS: "We can't be taken advantage of by people that say you're gonna have a free home, you're gonna get free rent, everything's gonna be free. What they don't say is a year later, everything's gonna end up in squalor, destruction, and death... We have to stop the threat of the communist rhetoric that you're hearing right now."
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π―5
THIS IS MASSIVE FOR CRYPTO
Trump has agreed to ethics rules and is now urging Democrats to work with Republicans to get the Clarity Act "over the finish line."
Once this bill passes, trillions will flow into the market.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
Trump has agreed to ethics rules and is now urging Democrats to work with Republicans to get the Clarity Act "over the finish line."
Once this bill passes, trillions will flow into the market.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π₯3
Interracial violent crimes between Blacks and Whites 2017-2021:
β 86.5% were Black-On-White
β 13.5% were White-On-Black
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
β 86.5% were Black-On-White
β 13.5% were White-On-Black
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
π₯6
This media is not supported in your browser
VIEW IN TELEGRAM
Samsung announced they plan to add stablecoin payments to their phones
why not bitcoin?
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
why not bitcoin?
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ