Good jobs report. Country not in a recession

The economy gained 528,000 jobs when economists only expected 250,000. The unemployment rate dropped to 3.5% from 3.6%, the lowest its been in fifty years. No good news on inflation. The Fed is expected to raise interest rates again to curb inflation.

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I follow the financial news. So I read about this.

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The unemployment rate isn’t a true reflection of how many people are really unemployed, just how many are on unemployment benefits.

Manyany people no longer qualified and fell off the records, plus the number of people that were never on any at all.

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Thanks @Jonathan2 @ZombieMombie

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All smoke and mirrors. The economy sucks.

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Thanks @TomCat 15

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They have redefined recession in the USA

Every other country in the world measures it as 2 negative quarters

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Thanks @Joker. For me anyway it’s the inflation that’s really hurting.