The Truth Behind the Employment Report - Who The Jobs Are Actually Going To

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dyodd

The Truth Behind the Employment Report - Who The Jobs Are Actually Going To​

Jun 9, 2024

The Non Farm Payrolls (NFP) report came out a lot stronger than most analysts expected. Are these numbers real or made up using the BLS Birth-Death Model for estimating jobs created. I look at the numbers and point out some shocking facts about who is actually benefitting from the jobs created and who is losing.

What effect will the historically low unemployment rate of 4% have on the Federal Reserve plans to lower interest rates. Historically, an unemployment rate under 4% happens right before a recession. Is it different this time?


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