{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"Jobs Have Completely Stopped Hiring","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/8dcc2be5\"></iframe>","width":"100%","height":180,"duration":996,"description":"Hiring in the US absolutely plunged in June, so much you really have to see it to believe it. At the same time, global fast food giant McDonalds reported lower same store sales for the first time since 2020. The reason why people can no longer afford to eat as much under the golden arches isn't necessarily price changes, what's changed recently is the alarming retreat in employment. \nEurodollar University's Money & Macro Analysis\nBLS JOLTS press release July 30, 2024\nhttps://www.bls.gov/news.release/jolts.nr0.htm\nCNBC McDonald’s earnings, revenue miss estimates as consumer pullback worsens\nhttps://www.cnbc.com/2024/07/29/mcdonalds-mcd-q2-2024-earnings.html\nCNBC McDonald’s executives admit diners think prices are too high, say they’re working to create value\nhttps://www.cnbc.com/2024/07/29/mcdonalds-earnings-executives-say-prices-are-too-high.html\nPhilly Fed Large Bank Credit Card and  Mortgage Data\nhttps://www.philadelphiafed.org/surveys-and-data/large-bank-credit-card-and-mortgage-data\nhttps://www.eurodollar.university\nTwitter: https://twitter.com/JeffSnider_EDU","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}