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This is Scott Becker with the Becker Business Podcast. The Becker Private Equity Podcast. Today's discussion is jobs and unemployment. So here's the issue, and this is all before the government shutdown that can lead to its own challenges in the business and employment and labor market. But the most recent reports show that in terms of people, people hiring and companies hiring, we have the slowest planned hiring in the United States that we've had in almost 16 years. That essentially the labor market is as slow as it's been in a long time. And plans for growth, plans for hiring have slowed down to the lowest spot since 2009. And that comes out of a report that was issued today that that basically hiring plans have slowed down to the slowest spot in 16. That's a scary stat. The other stat that just came out is an ADP stat in the report that showed that the economy lost in last month 22,000 jobs when it was expected to pick up 50,000 jobs. That's from the private payrolls report. So that in itself, that combination of last month being a horrendous month for the job market and overall hiring plans at the lowest point in 16 years spells challenges for the labor market. Particular being hit hard right now. Young employees looking for jobs, people out of college and so forth, entry level jobs are really struggling right now. We also see challenges at the, at the other end of that barbell, people that are 60, 70, their late 50s looking for jobs, also quite challenging. Again, a very challenging labor market poised for a period of time to get a little bit tougher. The flip side is the stock market. For those that are investing in the stock market, about 50, 60% of people, some of us in the stock market, that is going in the right direction largely on the hopes for more interest rate cuts. So we'll see how that goes. But that's the tale of the job markets. Slowest hiring in 16 years, at least, plans for hiring and then last month, just a disaster in the labor market is reported by the Private payrolls Report from adp. Thank you for listening to the Becker Business Podcast, the Becker Private Equity Podcast. We'll be back with you tomorrow with more on the Becker Business Podcast on the back of Private Equity Podcast. Thank you very much.