by confoundedinterest17

President Biden simply misplaced considered one of his midterm election speaking factors. “The U-3 unemployment charge the bottom since (garbled) at 3.5%!” As a result of it now has risen in October to three.7%.

Personal payrolls added 233k jobs in October, which is a -27% decline from September’s revised non-public payroll figures.

The excellent news? Common hourly earnings progress remains to be constructive, however fell to three.7% YoY. However with inflation raging at 8.2% YoY, employees are getting clobbered by inflation.

Right here is the remainder of the story.

The Fed is now green-lighted to boost charges even increased.

Biden’s marketing campaign promise was to unite relatively than divide. However Biden has morphed into Gustaf Holst’s, Mars – Bringer of Struggle! Each domestically and within the Ukraine.

 

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