The warning of a demand collapse and the evidence for it land a day apart.
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Productivity jumps 4.9% with hours worked flat
Claim
Labor productivity rose 4.9% while hours worked stayed flat, indicating firms are scaling silicon rather than headcount.
Reported metric: +4.9% productivity, 0% hours
Reporting date: (not necessarily the event date)
Sources
Attribution and reporting linked by this record; links do not imply independent verification.
- Welcome to January 9, 2026 (theinnermostloop.substack.com)
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