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          <span class="preheader" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0;">
           Plus: Labor hoarding, human record players, seesaws, and more.
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              View Online
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                   This Saturday is the 13th annual Dirty Dancing Festival in Lake Lure, North Carolina. Festival goers can enter a “lake lift competition” where they attempt the signature scene from the movie.
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                   <strong>
                    In today’s email:
                   </strong>
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                   <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     CVS
                    </strong>
                    is moving beyond its stores.
                   </li>
                   <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     Chart:
                    </strong>
                    Apple vs. Meta.
                   </li>
                   <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     Labor hoarding:
                    </strong>
                    What is it?
                   </li>
                   <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     Around the Web:
                    </strong>
                    A famous farmer, artwork trivia, a horse on a seesaw, and more cool internet finds.
                   </li>
                  </ul>
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                      🎧 On the go?
                      <a style="color: #192733; text-decoration: underline !important;">
                       Listen to today’s 10-minute podcast
                      </a>
                      to hear Zack, Jacob, and Juliet — live from INBOUND 2022 — discuss Apple’s ad push, a cursed mall, and the afterlife of hotel soap.
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              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               The big idea
              </td>
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               <h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                The next era of CVS is all about services
               </h2>
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               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                With locations seemingly on every corner, CVS is often the most convenient stop for toilet paper, cough drops, or late night Sour Patch Kids.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                But as the company evolves, its focus is shifting
                <a style="color: #192733; text-decoration: underline !important;">
                 beyond the storefront
                </a>
                , per
                <em>
                 The New York Times
                </em>
                .
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Earlier this week…
                </strong>
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                … CVS announced plans to acquire Signify Health for ~$8B.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Signify runs a network of 10k doctors offering in-home care to 2.5m patients. It’s the latest in a series of moves by CVS to expand its health care service offerings, including:
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  Acquiring
                 </strong>
                 Caremark Rx, a pharmacy benefits manager, for $21B, in 2007
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  Buying
                 </strong>
                 1.6k+ pharmacies from Target for ~$2B in 2015
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <strong>
                  Merging
                 </strong>
                 with Aetna, the health insurance company, in a $69B
                 <a style="color: #192733; text-decoration: underline !important;">
                  deal
                 </a>
                 in 2018
                </li>
               </ul>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                The moves helped CVS reach massive scale, staffing ~40k physicians, pharmacists, and nurses across its pharmacies and MinuteClinic locations.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Health care services…
                </strong>
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                … are becoming a popular space, luring some of the biggest players in tech:
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  Amazon
                 </strong>
                 <a style="color: #192733; text-decoration: underline !important;">
                  acquired
                 </a>
                 prescription delivery service PillPack in 2018, launched its own telehealth arm in 2019, and agreed to acquire One Medical for $4B in July.
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <strong>
                  Apple
                 </strong>
                 has pushed further into health care with the Apple Watch, the Health app, and its HealthKit API, and has hinted it wants to hire doctors to
                 <a style="color: #192733; text-decoration: underline !important;">
                  offer
                 </a>
                 primary care.
                </li>
               </ul>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                But CVS has a head start. Across its ~10k locations, CVS already
                <a style="color: #192733; text-decoration: underline !important;">
                 serves
                </a>
                4.5m patients per day. With Signify Health, CVS will be able to serve patients at home as well.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                It’s not too far off to think that in the future, a visit to the doctor’s office could mean a visit to the nearest CVS.
               </p>
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               SNIPPETS
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               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Apple
                </strong>
                <a style="color: #192733; text-decoration: underline !important;">
                 announced
                </a>
                several product upgrades, including the iPhone 14, the Apple Watch Series 8, and a new Apple Watch Ultra model designed for outdoor athletes.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Elon Musk’s
                </strong>
                attempt to delay his Twitter trial was
                <a style="color: #192733; text-decoration: underline !important;">
                 denied
                </a>
                by a judge, who also said Musk can include claims from Twitter whistleblower Peiter Zatko during the case.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Stock futures
                </strong>
                saw a slight decline following reports that the Fed will likely
                <a style="color: #192733; text-decoration: underline !important;">
                 approve
                </a>
                another three-quarter point hike this month.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Netflix
                </strong>
                is
                <a style="color: #192733; text-decoration: underline !important;">
                 imposing
                </a>
                more financial discipline amid slowing growth, including cutting costs in cloud computing and corporate swag, and closing its Salt Lake City office.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Instagram
                </strong>
                is reportedly
                <a style="color: #192733; text-decoration: underline !important;">
                 scaling back
                </a>
                its commerce features to focus only on those that directly drive advertising.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Theranos
                </strong>
                founder Elizabeth Holmes
                <a style="color: #192733; text-decoration: underline !important;">
                 requested
                </a>
                a new trial after a witness visited her to express regret over his testimony.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Twitter
                </strong>
                <a style="color: #192733; text-decoration: underline !important;">
                 announced
                </a>
                its “edit” button will allow users to edit tweets up to five times in 30 minutes, and will pilot in New Zealand.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 Valuation experts:
                </strong>
                Whether your company is going public, looking for a buyer, or raising investment, getting a handle on how
                <a style="color: #192733; text-decoration: underline !important;">
                 valuations are done
                </a>
                will enable you to get the best deal.
               </p>
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              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               Chart
              </td>
             </tr>
             <tr>
              <td style="padding: 0 0 1px;">
               <a style="color: #192733; text-decoration: underline !important;">
                <img alt="AR/VR and ads open jobs at Apple and Meta" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fapple_v_meta.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
               </a>
              </td>
             </tr>
             <tr>
              <td>
               <p style="font-family: 'Roboto', helvetica, sans-serif; color: #192733; font-size: 12px; font-style: italic; padding-bottom: 10px; line-height: 20px; margin: 0px;">
                Singdhi Sokpo
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                Are Apple and Meta rivals now?
               </h2>
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                A decade ago, it would have been hard to envision a world where Apple and Facebook were direct competitors.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                But a combination of moves by both firms have pinned them against each other in two business units: ads and AR/VR headsets.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                A brief timeline:
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  In 2014,
                 </strong>
                 Facebook
                 <a style="color: #192733; text-decoration: underline !important;">
                  bought
                 </a>
                 Oculus for $2B — its first foray into hardware.
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  In 2021,
                 </strong>
                 Apple released App Tracking Transparency (ATT), a feature that let users choose which apps track them, spelling
                 <a style="color: #192733; text-decoration: underline !important;">
                  bad news
                 </a>
                 for Facebook.
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px 0px 10px;">
                 <strong>
                  Later in 2021,
                 </strong>
                 Facebook
                 <a style="color: #192733; text-decoration: underline !important;">
                  changed
                 </a>
                 its name to Meta to establish itself as a leader in the metaverse, something its Oculus headsets would facilitate.
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <strong>
                  In 2022,
                 </strong>
                 Apple CEO Tim Cook
                 <a style="color: #192733; text-decoration: underline !important;">
                  teased
                 </a>
                 an AR/VR headset, and the company announced
                 <a style="color: #192733; text-decoration: underline !important;">
                  plans
                 </a>
                 to ramp up its advertising ambitions.
                </li>
               </ul>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Recent job listings suggest Apple could pose a serious threat to Meta on both fronts. And after recently
                <a style="color: #192733; text-decoration: underline !important;">
                 surpassing
                </a>
                Android for US smartphone market share, Apple is likely the last company Meta wants to compete against.
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
                <tbody style="text-align: right;">
                 <tr>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share facebook" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Share on Facebook" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_blue_no_circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="22"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share twitter" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Share on Twitter" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share email" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Send as email to a friend" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share site" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="View on our website" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FLink%2520Small.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                 </tr>
                </tbody>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
           </td>
          </tr>
          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr>
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
               TRENDS
              </td>
             </tr>
             <tr id="image">
              <td class="h2020 ignore-defaults" style="padding: 0px 3px;">
               <center>
                <a style="color: #192733; text-decoration: underline !important;">
                 <img src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3.us-west-1.amazonaws.com%252Ffinal_size-Hustle-Graphic%2520Refreshment-72-01_20220907223432.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLiJ9:1oWFju:eWhC1P6oRQD37VTdL2p5Gv2uDGaFfezdYsFXAM5cZ8s" style="width: 100%; max-width: 600px; height: auto; padding: 15px 0 0;" width="600"/>
                </a>
               </center>
              </td>
             </tr>
             <tr>
              <td>
               <h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                How Rob Dyrdek quietly built a $400m empire
               </h2>
              </td>
             </tr>
             <tr id="bottom ad copy">
              <td class="h2020 ignore-defaults" style="padding: 0px 3px;">
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                You know Rob Dyrdek the skateboarder, maybe Rob Dyrdek the host of “Ridiculousness”…
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                … but, odds are, you haven’t met Rob Dyrdek the entrepreneur.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                In 2016, investors were still calling the ex-pro skateboarder "uninvestable" — as if that would hold down a guy with over 20 world records.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Since then, Rob has restructured a mess of ambitious ventures into
                <a style="color: #192733; text-decoration: underline !important;">
                 a tight, two-pronged approach
                </a>
                that’s designed to accumulate wealth.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Dyrdek Machine LLC is now a nine-figure powerhouse.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                His massive success started (in his 40s) with:
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 A focus shift to real estate investments and content production
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Co-founding ventures and claiming meaningful stakes in each
                </li>
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Making the most of every minute (literally, he keeps meticulous track of his time)
                </li>
               </ul>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                We break down all of Rob's strategies, tactics, and advice for newcomers
                <a style="color: #192733; text-decoration: underline !important;">
                 in our latest Trends deep dive
                </a>
                .
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                For access to the full report,
                <a style="color: #192733; text-decoration: underline !important;">
                 try one week of Trends for just $1
                </a>
                .
               </p>
              </td>
             </tr>
             <tr class="cta-a-btn" style="text-decoration: unset !important; color: unset !important;">
              <td align="center" style="text-align: center; padding: 10px 0px 15px;">
               <a style="background-color: #BF2434; font-size: 16px; font-family: 'Roboto', helvetica, sans-serif; font-weight: bold; text-decoration: none !important; color: #ffffff !important; -webkit-text-fill-color: #ffffff; border-radius: 8px; display: inline-block; mso-padding-alt: 0; padding: 7px 20px;">
                <!--[if mso]><i style="letter-spacing: 25px; mso-font-width: -100%; mso-text-raise: 30pt;">&nbsp;</i><![endif]-->
                <span style="mso-text-raise: 15pt;">
                 Get in there! →
                </span>
                <!--[if mso]><i style="letter-spacing: 25px; mso-font-width: -100%;">&nbsp;</i><![endif]-->
               </a>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
           </td>
          </tr>
          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr style="display: block; padding: 10px 2px 0px;">
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               Hoarding for Good
              </td>
             </tr>
             <tr>
              <td style="padding: 0 0 1px;">
               <a style="color: #192733; text-decoration: underline !important;">
                <img alt="workers" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fpeopleworking.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
               </a>
              </td>
             </tr>
             <tr>
              <td>
               <h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                Layoffs are out. Labor hoarding is in
               </h2>
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                When the economy gets shaky, corporations usually take the shortsighted way out, cutting employees to save money.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Except, not right now. Despite
                <a style="color: #192733; text-decoration: underline !important;">
                 recession warnings
                </a>
                , economists say many businesses are focused on the opposite of layoffs: labor hoarding.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Labor hoarding…
                </strong>
               </h4>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                … is when companies hang on to employees during a tough economic period because they believe they’ll save money in the long run,
                <a style="color: #192733; text-decoration: underline !important;">
                 according to
                 <em>
                  Inc.
                 </em>
                </a>
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 To corporations, layoffs provide a quick high, inflating quarterly profits. But the hangover can be worse. When the economy recovers, companies must spend hefty amounts on recruitment, rehiring, and training.
                </li>
               </ul>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Labor hoarding helps them avoid those costs. After a quick rebound from the March 2020 recession left companies shorthanded, many
                <a style="color: #192733; text-decoration: underline !important;">
                 are likely reluctant
                </a>
                to risk a repeat.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 But is this just a long tail effect of the ongoing labor shortage?
                </strong>
               </h4>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Maybe. That’s the case against labor hoarding.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Some economists
                <a style="color: #192733; text-decoration: underline !important;">
                 believe
                </a>
                companies still don’t have enough employees, which is why they’re not cutting many jobs.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                Either way, there’s good news we can all celebrate: Layoffs
                <a style="color: #192733; text-decoration: underline !important;">
                 have been minimal this summer
                </a>
                , hovering at a rate of 0.9% of total employment.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                That’s roughly the same rate as this time last year and lower than every month of 2019.
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
                <tbody style="text-align: right;">
                 <tr>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share facebook" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Share on Facebook" height="22" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_blue_no_circle.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="22"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share twitter" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Share on Twitter" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share email" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="Send as email to a friend" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail%2520blue.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share site" style="text-decoration: underline !important; white-space: nowrap; color: #192733; padding: 0 8px;">
                    <img alt="View on our website" height="26" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FLink%2520Small.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" width="26"/>
                   </a>
                  </td>
                 </tr>
                </tbody>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
           </td>
          </tr>
          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr>
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
               AROUND THE WEB
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="font-size: 15px; line-height: 20px; margin: 0; padding: 15px 0px 0px 3px;">
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                🎤
                <strong>
                 On this day:
                </strong>
                In 1986, “The Oprah Winfrey Show” had its
                <a style="color: #192733; text-decoration: underline !important;">
                 national debut
                </a>
                , ultimately becoming history’s highest-rated talk show.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                🎼
                <strong>
                 Haha:
                </strong>
                <a style="color: #192733; text-decoration: underline !important;">
                 Human Record Player
                </a>
                lets you listen to a Weezer song on your phone, but only if you spin it yourself.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                👨‍🌾
                <strong>
                 That’s interesting:
                </strong>
                The 75-year-old Ohio farmer behind a famous
                <a style="color: #192733; text-decoration: underline !important;">
                 meme
                </a>
                .
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                📷
                <strong>
                 Cure boredom:
                </strong>
                Visit
                <a style="color: #192733; text-decoration: underline !important;">
                 Dear Photograph
                </a>
                , where readers submit photos from the past juxtaposed against the present.
               </p>
               <p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
                🐴
                <strong>
                 Aww:
                </strong>
                And now, the boundless joys of the
                <a style="color: #192733; text-decoration: underline !important;">
                 seesaw
                </a>
                .
               </p>
              </td>
             </tr>
             <tr>
              <td style="border-bottom-color: #eaf0f6; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
              </td>
             </tr>
             <tr>
              <td style="padding-bottom: 5px;">
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr style="padding: 10px 2px 0px;">
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #bF2434; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 5px 2px 15px;">
               Meme
              </td>
             </tr>
             <tr>
              <td align="center" style="text-align: center; padding: 0 0 6px;">
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                Some damn long receipts. (Source:
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                 imgflip.com
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                )
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                  SHARE THE HUSTLE
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                   Hey. Stop keeping us a secret.
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                   <strong>
                    Refer just 3 people
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                   and we’ll start to send some goodies as a thank you.
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                  <a style="color: #121212; text-decoration: underline !important;" target="_blank">
                   <img alt="all prizes" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fthehustle_referrals_giveaway_gif-0609.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1oWFju:oF2t-9aiqDbyUfTKDtWvLK5V7bsOYIytSDq9bfeZw7w" style="width: 100%; height: auto; padding: 10px 0 6px;" width="600"/>
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                   Spread the news. Help us grow 🌱
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                   <!--[if mso]><i style="letter-spacing: 25px; mso-font-width: -100%; mso-text-raise: 30pt;">&nbsp;</i><![endif]-->
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                    Share The Hustle 🤠 →
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                   Or copy this custom referral link:
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                   Your referral count: 0
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            Today's email was brought to you by
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             Jacob Cohen
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            ,
            <a style="color: #192733; text-decoration: underline !important;" target="_blank">
             Juliet Bennett Rylah
            </a>
            ,
            <a style="color: #192733; text-decoration: underline !important;" target="_blank">
             Rob Litterst
            </a>
            , and
            <a style="color: #192733; text-decoration: underline !important;" target="_blank">
             Mark Dent
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            .
            <br/>
            Editing by: Mark “Sour Patch Kids Hoarder” Dent.
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            25 FIRST ST. 2ND FLOOR, CAMBRIDGE, MA 02141, UNITED STATES   +1 888 482 7768
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