Stephanie Ruhle does a great job deconstructing the unemployment report in a form that everyone can understand. Sadly too many are suffering.
While our inept president and his son-in-law Jared Kushner are trying to mislead Americans, it is imperative that we all understand the truth. This type of disruption no matter the cause cannot recover quickly. Sadly, we are entering a depression and unless we use all the features of Modern Monetary theory, Americans and the rest […]
The White House is happy but not surprised about the employment report. There is finally some information in the report that shows wage growth.
Blockbuster June Employment Report The June employment report is out. It came out above expectations. 288,000 new jobs were added. The unemployment rate fell to 6.1%. Additionally the April and May jobs report were revised upward. April was revised from +282,000 to +304,000, and the change for May was revised from +217,000 to +224,000. With […]