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Jobs Report Shows Rapid Hiring Before January Slowdown
The US economy added fewer jobs than anticipated in January and overall hiring was weaker than previ
Any look at U.S. historical jobs data would make it clear to even the most dunderheaded of us that jobs are a lagging indcator – more job hires, with an above-trend peak, means a recession is on its way. Unfortunately in this case that became hypercharged by Republican hopes. Looking back from the future, we will all iidentiy December-January as the high.
H-Man, the cheap labor from immigration is gone. Don’t be surprised to see wages up for the low end, consumer debt all time high, the bridge is creaking.