Quick comment from ZIP CEO ahead of payrolls/Auto news/Retail comments/Other

Ahead of the payroll report today, Ian Siegel, the CEO of ZipRecruiter, was on CNBC yesterday and said this:

"If you look just at ZipRecruiter job postings data what you will see is that it continues to decline just as it has persistently declined for the past 18 months. We're all the way back to where we were pre Covid and continue to fall from there. However, the end of the year is a really unpredictable time to predict what the BLS will say when it comes out with its jobs report because there is so much seasonal hiring at this time of year and often a single job posting can in fact be used to hire a hundred or hundreds of individuals to fill a role for the next few months."

Also, "If you look at where we are relative to a year ago you've seen wages begin to flatten in new ZipRecruiter job postings, you see the number of new job postings that have a signing bonus as part of what they're offering down 25% from a year ago. And ZipRecruiter surveys of our employers, they are telling us that over half of them have lowered the the salary of at least one position they are currently advertising for." 

We got some good and not good auto news yesterday.