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It Just Happened...The JOB MARKET JUST BROKE!!
#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #jobs #employment #unemployment
Payroll report for July wasn't just about July's payrolls. Instead, major downward revisions to every single month this year consistent with a serious enough downturn in the labor market. Plus, hours continue to contract while cyclical industries are right on the edge of mass layoffs.
Eurodollar University's Money & Macro Analysis
CNBC: Payrolls rose 339,000 in May, much better than expected in resilient labor market…
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