Is the employment recovery an illusion? With inflation and war hitting hard, the big players have already started changing the script!

The latest employment forecasts from the United States have come out.

In February, 92,000 jobs were lost (a rare decline since the pandemic).

In March, approximately 60,000 new jobs are expected (a rebound).

The unemployment rate remains at 4.4%.

On the surface:

Employment is recovering, and the economy seems relatively stable.

But if you look from the perspective of the big players, the information here is completely different.

The employment "rebound" is more about recovery rather than growth.

The previous decline (due to factors like weather, strikes, etc.) and the subsequent recovery do not represent a true strengthening of the economy.

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