The Market Ticker - Jobs? Oh My, FED RAISES!
Seriously, this one got my attention…..
Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels.
Oh, The Fed will stop or even reverse its rate-hikes in the next couple of months!
Uh, no they won’t. Volcker has risen from…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=246539
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