About this episode
* Monthly non-farm employment number beat expectations * Upward revisions to prior months * Average hourly earnings number jumped by .5 * Immediate reaction in the market was swift * Dollar up; gold down * Unemployment up * Labor force participation down among younger workers * Jobs number inconsistent with other weak economic data * Layoffs are up * Government is way off on "jobs lost" data * Yesterday's trade deficit was the largest increase recorded * If our economy were strong, our workers would be producing and we would not rely on imports * Trade deficit is subtracted from the GDP * Productivity numbers weaker than expected * How many times can the dollar rally on the same news? Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy