Is the economy really that strong or are Americans bracing for a recession and taking on multiple jobs?

In January, the U.S. economy added 517,000 jobs, way above expectations of 187,000.

Is the economy really that strong or are Americans bracing for a recession and taking on multiple jobs?

— The Kobeissi Letter (@KobeissiLetter) February 5, 2023

This is up from up 42% in 2021.

Read more details: https://t.co/vpVCxMiOCb

— unusual_whales (@unusual_whales) February 6, 2023

BREAKING: More than 50% of all six-figure earners have said they are living paycheck to paycheck, an all-time high, per CNBC.

— unusual_whales (@unusual_whales) February 6, 2023

IMO it’s already happening pic.twitter.com/T6gTTeiHXB

— Peter de Vietien (@peterdevietien) February 6, 2023

Consumer spending has slowed down

Just Need To Remind Everyone, The Labor Market is Always Strong Before a Recession

Summers Sees Risk of ‘Sudden Stop’ in Economy After Jobs Surge

“You don’t have a recession when you have the lowest unemployment rate in 53 years.” – Janet Yellen

100% false. pic.twitter.com/Mo1X6Da3Sc

— Michael Lebowitz, CFA (@michaellebowitz) February 6, 2023