According to @KobeissiLetter, the gap between Americans saying jobs are plentiful versus hard to get fell to 9.7% in November, near the lowest level in four years (source: @KobeissiLetter). According to @KobeissiLetter, perceptions of the job market have consistently deteriorated over the last three years (source: @KobeissiLetter). According to @KobeissiLetter, this deterioration suggests the US unemployment rate will keep rising, signaling a softer labor market that macro-focused traders monitor for risk sentiment shifts (source: @KobeissiLetter).