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But we saved everything 🙂.
Peter Berezin highlights a notable shift in recent labor market data, pointing out that full-time employment fell by 79,000 while part-time positions increased by 266,000, according to the household survey.
He characterizes this trend as being consistent with a temporary hiring surge.
Berezin previously noted a sharp increase in JOLTS job openings, mainly driven by professional and business services, according to the latest report. He has also described the current AI bubble as being driven primarily by earnings rather than valuations, advising investors on which metrics to monitor in his recent analysis. These comments provide context for his observations on current shifts in the labor market.