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Economy
Recession Triggered: Payrolls Miss Huge, Up Just 114K As Soaring Unemployment Rate Activates
2024-08-02
[ZeroHedge]

Courtesy of Lord Garth:
BLS Monthly report: Economy Seriously Weakening

Go to link for details, here is summary:

- new jobs less than expected
- unemployment up
- long term unemployment up
- people working part time when they want full time - up
- work week hours - down
- previous months job gains revised - down
Posted by:Skidmark

#4  And raise taxes, negative interest rates, price fixing should clear the way to a lotto of which businesses must hire a number of illegals. It'll be random, they promise.
Posted by: swksvolFF   2024-08-02 13:15  

#3  The gov't must print more money immediately.
Posted by: Besoeker   2024-08-02 09:26  

#2  US Futures, Global Stocks Tumble, Japan Crashes Amid Panic Fed Is Now Behind The Curve
Posted by: Skidmark   2024-08-02 09:21  

#1  Disaster: U.S. Economy Added Just 114,000 Jobs in July, Unemployment Surges

It's summer. School teachers and bus drivers are on a break. NGO cash paid rioters tutored in benefits. Summer farm jobs taken by migrants.
Posted by: Skidmark   2024-08-02 09:20  

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