The Countdown To Recession Starts Now

It wasn’t just the punk 75,000 new jobs number posted for May that rang the bell. More importantly, there was a 75,000 downward revision to the prior two months. That means that the 151,095,000 payroll jobs originally reported for April are still, well, 150,095,000 for May. That’s effectively stall speed in the labor market, which has been the last […]
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