US Labor Market Is Flashing Red- 'Plentiful' Versus 'Hard-To-Get' Job Gauge Hits 4-Year Low, Signals Unemployment Could Jump To 6%

On Wednesday, The Kobeissi Letter shared the results of the recent Conference Board's Consumer Confidence survey, showing that the gap between the percentage of Americans who say jobs are “plentiful” and those who say they are “hard to get” has shrunk to just 11.1%.