Labour market
Wow. Unemployment rate at 4.3%, higher than expectation. This is in fact the highest US unemployment rate since November 2021.
Instant reaction from the marker shows that investors don’t like it
Instant reaction from the marker shows that investors don’t like it
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Scoreville : Claudia Sahm reports her indicator on this metric is flawed this time around with artificial induced “noise”. What’s driving the unemployment rate is the unprecedented influx of illegal immigration, these people are on the books and receiving government welfare, and consequently counted as “unemployed”. She warns that we are not in a recession but definitely moving closer to one.
72791323 : But it’s trumps fault I’m sure lol Biden has wrecked this country
Seraphicall : Recession fears