The US economy added just 74,000 jobs in December... ... The job creation figure, watched more closely as a sign of the health of the economy, was far less than the 197,000 analysts expected, and well below the trend for the past year......The household survey showed a significant fall in the size of the labor force, by 347,000, which combined with a 143,000 rise in the number of those with jobs, contributed to the sharp jobless rate fall.JUST AS I PREDICTED.
AND IT'S GOING TO GET WORSE.
RETAIL PROFIT NUMBERS FOR CHRISTMAS WILL BE COMING SOON - AND THEY WILL BE ABOMINABLE.
AND THEN LAYOFFS WILL BEGIN.
AND THINGS WILL GET EVEN WORSE.
FASTER THAN ANYONE EXPECTS.