Tag Archives: job growth

Knock, knock- is it here yet?

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So, are we going to convince ourselves that we are going to have a depression?

The indicators so far do not so truly designate.  Sure, inflation is rampant.  But, job growth (more than 370K in June alone) is continuing.  Unemployment is at 3.6%.  Consumer spending is holding its own. And, the economy grew by 5.7% last year (pre-Russian invasion)- but now it’s contracted by about 2%, due to the war.

Continue reading Knock, knock- is it here yet?

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