Winnamins
The month of May saw record-setting job gains. The May jobs report was expected to show job losses of 7 to 8 million. This was the analysis of the financial experts and Nobel laureate economists. Instead 2.5 million jobs were ADDED to the economy. Never in the history of the country have we seen a turnaround like this from one month to the next. The financial experts got the sign wrong!
More winning. The June jobs report is now available. The “experts” had predicted a gain of around 2.5 million jobs. However, the “experts” were way off again. June saw a growth of 4.8 million jobs, shattering the record set in May. In addition, the May numbers were revised upward by nearly 200,000 jobs.