The jobs report does suggest that the economy’s breakneck speed of growth is slowing.
But there were also some big employment gains in industries like leisure and hospitality, retail, and even construction, despite worries that the housing market is softening. The average American can take comfort in knowing that despite some gloomy economic predictions, the job market is still strong. Unemployed workers should have no trouble finding a new job.
What that means for the next few weeks is more business leaders and economists trying to read the tea leaves for any signs of a recession, and arguing the case that the economy is slowing down. Economists keep thinking up reasons why this strong data is a fluke—unseasonably warm weather led to unusual consumer spending in January, all these job gains are just replenishing industries that experienced big cuts during the pandemic, CEOs are pessimistic so hiring can’t continue.
Inflation inflation inflation. Must fix inflation. Nothing else matters.
Within 48 hours, two major U.S. banks have collapsed under Joe Biden. How many more will follow?
lockdowns made people lose there jobs,those jobs are not new just people going back to work
When the economic incentives are aligned such that keeping people out of work is a good thing, it is time to realign the economic incentives.
... and if Biden comments on the Silicon Valley Bank failure, he will have to take responsibility for any further loss. The celebration is just another Pinocchio nose to hang a coat on, covering the three little pigs house made of wood. The huff and puff is like a part-time job.
中共又灌臭气恶心本人，中国人支那猪真它妈的低贱人种！ 才会有中国共产党邪恶反人类政权！
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