Article by Brandon Smith from Alt-Market cross-posted with permission.
The Biden Economy: Challenger Job Cuts UP 176% YoY, Q1 Nonfarm Productivity Falls -2.7% QoQ, Unit Labor Costs Almost Double To 6.3% QoQ, Inflation Strengthens (Fed Pausing Rate Hikes Then...
https://confoundedinterest.net/2023/05/04/the-biden-economy-challenger-job-cuts-up-176-yoy-q1-nonfarm-productivity-falls-2-7-qoq-unit-labor-costs-almost-double-to-6-3-qoq-inflation-strengthens-fed-pausing-rate-hikes-then-cutting/
The Biden Economy: Challenger Job Cuts UP 176% YoY, Q1 Nonfarm Productivity Falls -2.7% QoQ, Unit Labor Costs Almost Double To 6.3% QoQ, Inflation Strengthens (Fed Pausing Rate Hikes Then...
https://confoundedinterest.net/2023/05/04/the-biden-economy-challenger-job-cuts-up-176-yoy-q1-nonfarm-productivity-falls-2-7-qoq-unit-labor-costs-almost-double-to-6-3-qoq-inflation-strengthens-fed-pausing-rate-hikes-then-cutting/