Gangbusters Jobs Data During a Recession?

in markets •  2 months ago 

We have now entered the bizarro world for good. The US unexpected jobs data was a staggering 528K jobs in July, more than double the 250K expected. This is a significant increase from last month's upwardly revised 398K (up from 372K) and the highest since February's 714K! This is happening while the US is in a technical recession and tech companies are mass-firing thousands of workers.

Thanks for watching the Mike & Mario Show. Subscribe & click the 🔔 icon to be notified of future video uploads.

Connect with Mike @Rethinking the Dollar

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mother.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!