🚨 Alternative data points to further weakness in the U.S. labor market. LinkUp estimates the U.S. economy lost ~25,000 jobs in January, based on real-time job posting data from company websites. If confirmed, this would mark the 4th monthly contraction in the last 8 months. Job openings are also trending lower, with postings down -5.6% MoM, the second straight monthly decline. The labor market is showing signs of strain. ⚠️📉

🚨 Alternative data points to further weakness in the U.S. labor market.

LinkUp estimates the U.S. economy lost ~25,000 jobs in January, based on real-time job posting data from company websites.

If confirmed, this would mark the 4th monthly contraction in the last 8 months.

Job openings are also trending lower, with postings down -5.6% MoM, the second straight monthly decline.
The labor market is showing signs of strain. ⚠️📉