Nonfarm job openings fell sharply, suggesting a rising risk of recession

Odaily News According to @bravosresearch, the number of non-farm job vacancies in the United States is falling at a cliff-like rate. Such a decline has only occurred three times since 2000, and all of them are highly correlated with economic recessions.
As can be seen from the figure below, job vacancies have dropped sharply from a high of about 12 million to below 8 million, and the current downward cycle has occurred at the same time as consumers' excess savings have been exhausted, further exacerbating the risk of economic pressure.