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: 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
— PdV (@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