Unemployment Is Rising Rapidly - Trouble Ahead

Published: 06 September 2024
on channel: Blind to Billionaire
2,841
365

Unemployment is rising rapidly, trouble ahead with the overall economy and a potential recession on the horizon. This morning, we got the very important nonfarm payroll number which is released once per month, and today was the day in which we received the jobs report. This gives us an overall picture and barometer of the economy as the job market gives us a glimpse into hiring, unemployment, economy, average hourly earnings, labor participation rate and so much more. As we continue to see unemployment rising with less Jobs created, this is giving us a better indication that the economy is weakening and also potentially giving us insight into what the federal reserve may be doing with their next meeting and how that will impact the economy. 

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#Unemployment #Jobs #Economy  @blindtobillionaire #BlindToBillionaire


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