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

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).

searcher

morning
Moderator
Benefactor
Messages
46,183
Reaction score
7,767
Points
288
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?


11:40
 
Back
Top Bottom