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The latest jobs report–published August 5–showed that the United States added over half a million new jobs in the month of July. Are we on the brink of an Un-Recession?
Unemployment is at or a near a 50-year low. Both points add credence to a growing number of economists who are pushing back against the claim that the US economy is official in a recession, despite recording negative economic growth two quarters in a row (the textbook definition of a recession).
Confused?
You’re not the only one. The economy is contracting, albeit not by much, but consumer spending is near an all-time high. Unemployment is an all-time low. Manufacturing employment is up. The finance sector, less so. And yet inflation remains a persistent bugbear in an THE UN-RECESSION. What is clear, however, is that the old rules about how our economy works no longer apply.
And finally, a small programming note: I’m spending the next month hiking and backpacking throughout the portions of the American West. We’ll pick up with more content and more regular dispatches the first week of September.
Having difficulty keeping up with the chaotic and quickly-changing landscape of Russia sanctions and commodities markets or inflation?
We have been offering a series of in-depth presentations on various industries.
So far, we’ve tackled the challenges facing energy, agriculture, industrial materials and inflation for THE UN-RECESSION.
Contact us at Speakers Inc and click here to find more Motivational Speakers
Chris Bertish Captains Log July, 2022 26° 50.56 N, 134° 27.03 W Pacific Ocean Storms of the mind / Taking the on-ramp – SuperHighway bound / First signs of the Trades or not! Decoy.. / De-stinkify day- Swim day / Tech issues- backups & redundancies / The gift -Mind & shape shifting / The shuffle! / […]
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Looking to motivate a group of employees, students, or even donors? Speakers Inc has a wide selection of New York Motivational Speakers that you can book for any event: business functions, school assemblies, graduations, charitable fundraisers, and more. Find one in New York today! New York City is one of the biggest tourist destinations in the […]
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