Macro: Govt, Fed, GDP & Job Truth

#Macro #Jobs #LaborReport #GDP #LongCovid #TheFed #Truth #Recession #Productivity #MATH
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00:00 Introduction
00:46 The Story
01:26 Job Creation is Highly Political – a Sign of Success
01:57 Jeremy Siegel On Jobs Report
02:24 Jeremy Siegel Math
03:22 ISM Tanking
03:31 Business Activity Leads Employment
05:07 The Labor Report Pickle – But Why?
06:44 Where People Work
07:18 Macro Alf Nails What I’ve Been Saying – 3 Jobs!!!
08:17 It is all GIG WORKERS
08:52 Labor Force Participation Far Below Pre C19
09:45 First Mover – High Tech Canary in the Mine
10:49 Seasonal Job Movements – High Tech Smashed
11:25 Real Wages Tanking – Not Enough to Incite Moves
11:58 Perhaps Reason for Low Labor Force Participation
13:11 C19 Impact on Labor Force Participation
14:12 2.5% Labor Out Sick
14:30 Long Covid US Numbers
15:46 $235bn In Annual Lost Wages – 3.7T Ec Impact
16:44 Conclusion