January Job Report: How Did We Get Here? - Brad Williams #5719

Financial Survival Network · Feb 8, 2023 · 16m

Summary:

While we had hoped that the latest job report would provide useful figures, it seems to be bogus. Brad Williams sits down with me to take a deeper look into the report and talk about how/why the employment situation has evolved in the way that it has. The job market remains strong in some locations due to large quantities of people moving to those places, but this is not the situation in every region. With the interest rate rise, the housing market has slowed significantly, and there is a direct relationship between increases in interest rates and the amount of money needed to…