The other answer is we’re not in an economic boom.

Why is there a hiring recession with the Dow at 50k and GDP growth so strong?
There are 3 key reasons:
1) WH policy on tariffs, immigration and DOGE
2) Many firms overhired in 2022/2023. They're slimming down now
3) AI
Smart people give these 3 factors different weights.
I

Heather Long

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