🚨🇺🇸 The American unemployment rate is anticipated to be 4.4% according to prediction markets, but here is what is concerning 👇

Job offers in the United States are now at levels observed during recessions.

Over the last two months, job offers have decreased by 907,000, the largest decline over two months since March 2023.

We are now below pre-pandemic levels of 2018 and 2019, around 7.0 million.

The ratio of job vacancies to unemployed has fallen to 0.87, its lowest level since February 2021, and well below the pre-pandemic peak of 1.24.

A ratio below 1 indicates that there are fewer job vacancies than unemployed individuals, reflecting the anticipation of an economic slowdown.

This indicator generally leads unemployment figures.@PATRICIA B-M @Shimsta @ABRA_PBMOfficialFans @Chris34500