banner

20_05

A Dreadful Employment Report - Hello Friends as always i would invite you to join and Promote one of the world's premier top rated investment companies and pioneers in alternative assets: market investment in and purchasing of alternative asset classes including gold, precious metals, Bitcoin and other cryptocurrency for direct purchase investors, the vast US market of IRA, 401k and other retirement account holders, the Canada market for RRSP and TFSA holders (precious metals), high net worth individuals and families (HNWI), and more. Mutl-trillion dollar potential market with one of the highest paying affiliate programs in the world.

• Life changing income potential: up to $30,000+ commission for each and every referred customer transaction
• 100% free affiliate marketing program - No cost for you to join or participate in
• 3% commission on all gross client sales transaction amounts for all present and future sales and investment in precious metals and cryptocurrency
• You are also paid $30 - $100 for each qualified lead
• Example: average sale = $65,000 = $1,950 commission; sales easily = 6 and sometimes 7 figures. $100,000 sale = $3,000 commission and $1,000,000 sale = $30,000 commission
• Some affiliates have made $40,000+ to $100,000+ commissions in a single month
• Lifetime revenue share on customer transactions

Join NOW Exclusive Affiliate Program ✅ CLICK HERE Join Exclusive Affiliate Program

Disclosure: The owner(s) of this website may be paid to recommend Regal Assets. The content on this website, including any positive reviews of Regal Assets and other reviews, may not be neutral or independent.
Much was written about the employment report on Friday, yet the the S&P 500 Index rose 1.69% and the Dow Jones Industrial Average rose 1.91% on the day. As much of the commentary notes, me included, the equity markets are forward looking. Not enough can be written about how bad this report is though. The equity market will eventually not look past this data if a V-shaped improvement is not seen in the economy and employment. Total civilian employment from the household survey fell be over 22 million individuals--a staggering decline.



In addition there are 9.8 million individuals not counted in the labor force but want a job. As noted by the Bureau of Labor Statistics, "these individuals were not counted as unemployed because they were not actively looking for work during the last 4 weeks or were unavailable to take a job."


Further, the April report notes, "the labor force participation rate decreased by 2.5 percentage points over the month to 60.2%, the lowest rate since January 1973 (when it was 60.0%). The employment-population ratio, at 51.3%, dropped by 8.7 percentage points over the month. This is the lowest rate and largest over-the-month decline in the history of the series (seasonally adjusted data are available back to January 1948)."


Finally, the BLS attempted to account for Covid-19 related layoffs and non-Covid-19 ones by changing the way some questions were ask and the subsequent classification of the response. The BLS's comment on this for April notes though, "If the workers who were recorded as employed but absent from work due to “other reasons” (over and above the number absent for other reasons in a typical April) had been classified as unemployed on temporary layoff, the overall unemployment rate would have been almost 5 percentage points higher than reported (on a not seasonally adjusted basis). (emphasis added)  However, according to usual practice, the data from the household survey are accepted as recorded. To maintain data integrity, no ad hoc actions are taken to reclassify survey responses." Clearly, with the number of persons not in the labor force, and accounting for classification issues, the unemployment rate is much higher. The reopening of economies, not only in the U.S., but around the world, is at a critical stage.

DIVERSIFY and GROW YOUR IRA WITH METALS and CRYPTOS
REQUEST YOUR FREE 2021 INVESTORS KIT
Kit includes information on our company, products and fees.
Bonus: you will also receive free DVDs and a 10 year anniversary silver coin.
✅ CLICK HERE Claim Your Free Investor Kit

your advertise here
Next article Next Post
Previous article Previous Post
Themeindie.com