China Enters Deflation as Prices Plunge in World's Factory.

China has officially entered deflation after reporting negative year over year growth in both consumer prices and producer prices as the world's factory and second largest economy continues to falter in an ominous sign of what's ahead for the world. The CCP doesn't want people talking about negative economic news in China...so let's talk about that.

Also ZipRecruiter has announced they are pulling their earnings guidance for the year citing a decline in job postings and employers willing to pay for them. That "strong labor market" though...

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#China #Deflation #JobMarket