The labor market is flashing warning signs. The Challenger report shows planned hiring is at the lowest level since 2009, while planned layoffs are the highest since 2020. That stress in the job market could slow housing demand even as it pressures mortgage rates lower.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #shorts #jobs #unemployment #challenger