I’m sure you’ve heard a lot about allegations of U.S. employment. (LOL)
In particular, I’m sure you’ve heard that most of the crazy employment growth has been contributed by government-led employment.
I’m sure you’ve heard the conspiracy theory that government-led employment was largely (illegal) immigrants.
It’s all half right and half wrong.
I mean, I’m not a kid at all.
So if you look at the government-led employment growth rate over the past two years, you can see such a storm increase.
Gray is mainly federal government employment in relation to U.S. military (Department of Defense) and post office workers, and the rest of the red part is local/state employment.
As you’ve seen on the news, Biden and the Democrats have been scattering immigrants across the border with Texas, and each of them is in numbers employed by various states (whether you’re working right now or not)
But now, when Trump comes to power in January, that employment indicator storm is going to fly. So, some argue that the dollar will be strong until December.
Bookmark this and take it out again when the employment index starts to fail in February next year.
Battery Prices Fall 40% In 24 Years, Another 45% In 25 Years—-> Cheap LFP materials…
2026, the meal prepared by the Fed's dilemma, is the "Vintage Year" of startup investment…
A math professor who was unfairly eliminated from re-appointment after adhering to principles and conscience…
Neither Korea nor the U.S. are using technology as if not as the central bank…
At the last FOMC of this year, interest rates were cut by 25 basis points…
An easy FOMC with an expected level ~ The Federal Reserve (Fed), the U.S. central…