Who says? Nonfarm payrolls increased by 150,000 for the month, against the consensus forecast for a rise of 170,000. That was a sharp decline from the gain of 297,000 in September. The unemployment rate rose to 3.9%, the highest level since January 2022, amid a drop in … [Read more...] about Payroll’s drop last month…More people work Two jobs…Good Economy?
The Fed interest rate's
Consumer Spending Worries Retailers…..
And Fed Chair Powell is adamant that that he could keep raising rates.... He and his crew ARE screwing Consumer's and President Biden..... But even retailers with strong sales say there are signs of economic strain among shoppers. “It is clear that the lower-income shopper, … [Read more...] about Consumer Spending Worries Retailers…..
The Fed ….NO Interest Rate Increase for Now…..
AP.... The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month. The Fed’s move to … [Read more...] about The Fed ….NO Interest Rate Increase for Now…..
March 2023 American jobs numbers come in lower then expected…..
All them BIG companies layoff's and continued people NOT wanting to 'go to work' to work for low wages ARE showing up in the payroll numbers declining.... Ole' Jerome at the Fed should be happy.... The stealth Recession is showing up in the numbers..... And? The South … [Read more...] about March 2023 American jobs numbers come in lower then expected…..