Private payrolls fell by 301,000 for January versus the estimate for a 200,000 gain, according to payrolls processing firm ADP. You saw it here several days ago - open jobs will either be filled or they will evaporate into thin air. 30 Trillion in debt (thanks to BOTH parties). A Federal Reserve that is relaying at every opportunity that they can no longer pull $$ from Jay Powell's ass unless the country is cool with $10 per gallon gas and $4 loaves of plain white bread. Inflation is not going to go away anytime soon. Why? Because there are many State governments, including here in Missouri, that are flush with cash that they received from Uncle Sam in the previous year. Those State governments are going to be spending that cash on things. They may pick up the unemployment slack created by shrinking private payrolls, who knows? It's going to be a bumpy year.
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