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5 sats \ 1 reply \ @Undisciplined 17h \ on: Three years of slowing job growth → first negative payroll print econ

The oscillations in the 5-year chart are pretty interesting. It looks like the labor market has become an underdamped system.

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48 sats \ 0 replies \ @Yermin OP 17h

Yeah, that’s a good way to put it.

You get the big swings coming out of the post-COVID restart, then smaller and smaller monthly gains, and now negative prints starting to show up.

Doesn’t look like smooth normalization anymore. It looks like a system that isn’t absorbing shocks cleanly and is now bouncing around stall speed.

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