US Recession is Growing Not good optics for the Democrats Official figures showed on Friday that the growth in jobs had slumped to 114,000, far below an average of 215,000 over the last 12 months.
Unemployment meanwhile rose by 0.2 percentage points to 4.3pc, triggering an economic alarm bell known as the Sahm rule. This predicts that a recession is imminent when the unemployment rate rises by at least 0.5 percentage points from a low point within a year.
As markets opened in the US, the S&P 500 index had fallen by 3.4pc and the tech-focused Nasdaq by 4.3pc.
Kamala Haris's run for President does not look good. Border crisis, war in Isreal, Ukraine and a dying economy.
There seems to be an industry even with a 280E tax and limited State sales that is seeing record growth month after month even in a declining U.S. economy... I wonder what industry is thriving with such barriers implemented by the Fed? What could it be? im going to smoke a joint and think about it :)