Loading ...I wonder if they engineered a bad jobs report on purpose by “expecting” the 725,000 number and KNOWING it would not be good at all. Or the “fake” 725,000 number was intended to psychologically spark a growing economy. In other words, over steer? or a push on the gas pedal, as they knew the economy was obviously slowing.?
Parts:
But the American economy slowed abruptly last month, adding 235,000 jobs, a sharp drop from the huge gains recorded earlier in the summer and an indication that the Delta variant of the coronavirus is putting a damper on hiring.
“Delta is a game-changer,” said Diane Swonk, chief economist at Grant Thornton, an accounting firm in Chicago. “It’s not that people are laying off workers in reaction to Delta but people are pulling back on travel and tourism and going out to eat and that has consequences.”
more: https://www.nytimes.com/2021/09/03/business/economy/august-2021-jobs-report.html
Down here video this lady knows her stuff. I think she was nominated by Trump for the Fed.