$NIL 🚨 JUST IN: U.S. hiring rate falls to 3.3% — matching 2020 crisis levels and near a 13-year low.
That’s recession territory.
Hiring is one of the clearest forward signals in the labor market. When companies stop adding workers, growth usually slows next.
If this trend continues:
📉 Labor momentum weakens
📉 Consumer spending pressure builds
📉 Rate cut expectations rise
The jobs market may be cracking before headline unemployment shows it.
