020: Jobs Report 07-07-23
Are you ready to dissect the recent jobs report with the precision of a seasoned financial analyst? Join us in a riveting conversation as we welcome returning guest Megan Hornemann, the Chief Investment Officer of Verdens Capital Advisors. We delve into the nitty-gritty, analyzing the shortfall of the newly added jobs against expectations and the previous ADP report. We also take a look at the darker side of the picture that emerges from the downward revision of payrolls from the past two months. Yet, amidst this, we discover the sliver of silver lining in the lowering of the unemployment rate and the steady growth seen in average hourly earnings.
What does the future hold for the Federal Reserve in light of these revelations? Will we see a rate increase in July or will there be further weakness in the labor market? As we grapple with these questions, we share our thoughts and predictions, providing you with valuable insights to navigate the current economic landscape. We stay committed to exploring the balance between the bearers and the bulls, and look at the possibility of a looming recession in the next 12 months. Whether you’re a financial whizz or just curious about the labor market, this episode promises to be an enlightening discussion. And remember, we are eager to hear from you at podcasts at verdancecom with your questions or comments. Get ready to be informed and engaged!
