Tuesday, November 14, 2023

4th Quarter 2023: Feds Twist an Ankle doing an Head Fake

 Olde Business:

Employment numbers in the USA stay strong,
April 2023:  the American economy added 253,000 jobs in the month of April, and the unemployment rate fell to 3.4%

May 2023:the American economy added 339,000 jobs in the month of May, and the unemployment rate rose to 3.7%

June 2023: the American economy added 209,000  jobs in the month of June, and the unemployment rate fell to 3.6%

July 2023: the American economy added 209,000  jobs in the month of July, and the unemployment rate fell to 3.6%

August 2023: the American economy added 187,000  jobs in the month of August, and the unemployment rate rose to 3.8%

September 2023: 
the American economy added 336,000  jobs in the month of September, and the unemployment rate held at 3.8%

October 2023: the American economy added 150,000  jobs in the month of October, and the unemployment rate rose to 3.9%

CPI Inflation 2022/2023

October:             7.7 percent
November:            7.1 percent
December 2022:   6.5 percent

January 2023:      6.4 percent
February 2023:    6.0 percent
March 2023:         5.1 percent

April  2023:           4.9 percent
May   2023:             4 percent
June  2023:              3 percent

July  2023:             3.2 percent
August  2023:        3.7 percent
September 2023:    3.7 percent

October 2023:        3.2 percent