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 follow us on LinkedIn
LGBTQ History Month 2024 in the USA is a powerful time of celebration, reflection, and advocacy, honoring the achievements and struggles of the LGBTQ+ community. Held annually in October, it offers an opportunity for individuals and organizations to recognize the progress made in LGBTQ+ rights and visibility, as well as acknowledge the ongoing challenges faced […]
Why Teams and Employees Resist Change: Understanding the Dynamics and Overcoming the Barriers Change is an inevitable force in the modern workplace. Companies restructure, policies shift, technologies evolve, and markets fluctuate. Despite change being constant, teams often respond with hesitation or even outright resistance. Leaders who fail to understand the root causes behind this resistance […]
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Hispanic Heritage Month 2024, celebrated annually from September 15 to October 15, offers a unique opportunity to recognize the history, culture, and contributions of Hispanic and Latino Americans. This month-long celebration began as a week-long event in 1968, initiated by President Lyndon B. Johnson, and later expanded by President Ronald Reagan in 1988 to cover […]
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