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Recession this year . I think that we are with. Every sign that i look at points to a really nasty year. I mean just to even look at the jobs report and that great number, wages were actually done from november. The Labor Force Participation rate is like it was in the 70s. Its just horrible. Its just across the board. One item after another. Oil prices in my mind are signaling a lack of demand. Yeah, absolutely. John, even if you look at the people and then the number thats a better measure of unemployment is still close to ten percent. Yeah, thats our problem for the participation. Its the worst week ever and 1897 might have been the worst since 1929. Now, i am not splitting the hairs here, but those were not goodyears by the way. I am not sure thats going to happen by the way. The labor force and jobs and how that works is that you have a lot of jobs created and thats good. You have 500,000 people in the workforce and ....
Recession this year . I think that we are with. Every sign that i look at points to a really nasty year. I mean just to even look at the jobs report and that great number, wages were actually done from november. The Labor Force Participation rate is like it was in the 70s. Its just horrible. Its just across the board. One item after another. Oil prices in my mind are signaling a lack of demand. Yeah, absolutely. John, even if you look at the people and then the number thats a better measure of unemployment is still close to ten percent. Yeah, thats our problem for the participation. Its the worst week ever and 1897 might have been the worst since 1929. Now, i am not splitting the hairs here, but those were not goodyears by the way. I am not sure thats going to happen by the way. The labor force and jobs and how that works is that you have a lot of jobs created and thats good. You have 500,000 people in the workforce and ....
Recession this year . I think that we are with. Every sign that i look at points to a really nasty year. I mean just to even look at the jobs report and that great number, wages were actually done from november. The Labor Force Participation rate is like it was in the 70s. Its just horrible. Its just across the board. One item after another. Oil prices in my mind are signaling a lack of demand. Yeah, absolutely. John, even if you look at the people and then the number thats a better measure of unemployment is still close to ten percent. Yeah, thats our problem for the participation. Its the worst week ever and 1897 might have been the worst since 1929. Now, i am not splitting the hairs here, but those were not goodyears by the way. I am not sure thats going to happen by the way. The labor force and jobs and how that works is that you have a lot of jobs created and thats good. You have 500,000 people in the workforce and ....
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