Nevada Copper Corp NEVDQ

531,000 new jobs last month bringing unemployment rate 4.6%

[bogfit]

The Department of Labor has released their jobs report for October, showing that the U.S. economy added 531,000 new jobs last month bringing the unemployment rate to 4.6 percent
 
Take a closer look at inflation
 
What is the connection between the Phillips curve and inflation?

The Phillips curve helps to explain the link between inflation and the state of the economy. In general, the Phillips curve suggests that inflation is relatively high when the economy is strong and the unemployment rate is low, and inflation is relatively low when the economy is weak and the unemployment rate is high. However, economic conditions are only one of the factors that determine inflation. Some of the other drivers of inflation include changes in energy prices, fluctuations in exchange rates, the productivity of the workforce, and people’s expectations over where inflation is going in the future, among others. For these reasons, inflation may not always be tightly connected to economic conditions and the ups and downs of the business cycle.
 
What is hyperinflation?
 
When inflation is extremely high and typically accelerating (prices are rising rapidly and generally at an increasing pace), an economy experiences hyperinflation, which is usually associated with or can cause social upheaval and civil unrest. The best known example of hyperinflation occurred in Germany between World War I and World War II. More recent examples include Venezuela starting in 2017, Zimbabwe in the 2000s, and Yugoslavia in the 1990s. One common definition of hyperinflation is when inflation is more than 50 percent per month. In some extreme cases, hyperinflation can be so intense that prices double within a matter of days."
 
Inflation 101: What Is Inflation? (clevelandfed.org)
 
The consideration of hyperinflation is important to EM and impoverished mining jurisdictions.
 
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