U.S. Job Market Signals Looming Recession
The U.S. job market is showing clear signs of weakening, signaling a potential recession on the horizon. Nonfarm payrolls in July reported a significant drop to 114,000 from the previous 206,000, falling short of the estimated 176,000. Additionally, the unemployment rate edged up to 4.3% from 4.1%, missing expectations. Stay prepared for the economic downturn.
#Economy #JobsReport #Recession #Unemployment
Ghost of Truth
npub1sc…pzprv
2024-08-02 12:32:40
Author Public Key
npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprvPublished at
2024-08-02 12:32:40Event JSON
{
"id": "340bcb9852a9999ba06f6f9e1bbd7ef0afcc0a9c221eb7b1a38b6dcbe89d1294",
"pubkey": "863f2c555276e9ed738933b0efee6b021042f16e1529dd755704885b87fee183",
"created_at": 1722601960,
"kind": 1,
"tags": [
[
"t",
"Economy"
],
[
"t",
"economy"
],
[
"t",
"JobsReport"
],
[
"t",
"jobsreport"
],
[
"t",
"Recession"
],
[
"t",
"recession"
],
[
"t",
"Unemployment"
],
[
"t",
"unemployment"
]
],
"content": "U.S. Job Market Signals Looming Recession\nThe U.S. job market is showing clear signs of weakening, signaling a potential recession on the horizon. Nonfarm payrolls in July reported a significant drop to 114,000 from the previous 206,000, falling short of the estimated 176,000. Additionally, the unemployment rate edged up to 4.3% from 4.1%, missing expectations. Stay prepared for the economic downturn.\n\n#Economy #JobsReport #Recession #Unemployment",
"sig": "3a965147d41eedfe8aa899d81e8255c6fc8a64893e68113ef2ab900aa8c6b32781763af0ad7e1f87fc9855b0fa51de7365f5c9fcd7cc1c0abe7c13099702a816"
}