THE UN-RECESSION
- Author: Peter Zeihan
- Word Count: 247
Read the news article
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.
THE UN-RECESSION
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
Further articles you may enjoy:
- (5)
Thanksgiving 2024, celebrated annually on the fourth Thursday of November, is a cherished American holiday that brings families and friends together to express gratitude and share a bountiful meal. Its origins trace back to 1621, when the Plymouth colonists and the Wampanoag people shared an autumn harvest feast, marking one of the earliest instances of […]
- November 28, 2024
- (8)
In other words, workers burned out by the “hustle culture” so recently prevalent have decided to either quit their jobs — or perhaps even more damaging to businesses — disengage themselves from where they are working. In a brilliant article in a recent edition of the Wall St. Journal, Lindsay Ellis and Angela Yang reveal that what we’ve been […]
- December 22, 2022
- (8)
In March 2020, when the world shut down and my live event calendar was wiped clean—I was concerned about working virtually and leading through adversity As my speaking business went online, I wondered if it would survive the transformation. Would I still have an impact? Would I still matter? I’m sure you asked yourself similar […]
- December 22, 2022
- (11)
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 […]
- October 14, 2024
- (12)
I have worked with corporate teams that measure Leadership Effectiveness and what seems like everything. My concern with these teams isn’t what they are measuring, but rather what they are not measuring – leadership effectiveness. Teams measure on-time delivery, sales call per day, employee engagement, and so many more useful metrics. I’ve even seen a […]
- December 22, 2022
- (30)
Speakers Inc is available to offer you our All American Speakers who offer Motivational Leadership keynotes to open or close your next leadership and medical event or conference. Speakers Inc is a leading All American Speakers Bureau for motivational speakers that delivers keynotes over 400 times per year. Our All American Speakers are available to […]
- January 16, 2023
- (11)
The The Character Ethic 2 vs. The Personality Ethic – Why Character Trumps Personality As Stephen Covey writes in The 7 Habits of Highly Effective People, most of the success literature published in the United States for the first century and a half after 1776 focused on The Character Ethic as being the underlying foundation of how a person can live […]
- January 24, 2023
A few months ago, the National Safety Council had me as the closing keynote speaker on the acceleration of risk for their massive annual conference – and I spoke to a few thousand safety professionals on issues surrounding new, emerging. Including a story of what happened when Rosie the Robot from the Jetsons went rogue! […]
- January 10, 2023
