{"id":178,"date":"2009-07-02T10:27:00","date_gmt":"2009-07-02T14:27:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=178"},"modified":"2018-08-23T09:40:15","modified_gmt":"2018-08-23T13:40:15","slug":"jumping-june-job-losses","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2009\/07\/02\/jumping-june-job-losses\/","title":{"rendered":"Jumping June job losses"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Grim economic news today folks. In June the estimated number of job losses was 467,000. This number compared to economists&#8217; estimates of 350,000 to be lost. This increase in <span id=\"SPELLING_ERROR_0\" class=\"blsp-spelling-corrected\">unemployment<\/span> pushed the overall <span id=\"SPELLING_ERROR_1\" class=\"blsp-spelling-corrected\">unemployment<\/span> rate up to 9.5% &#8211; the highest level since August of 1983. Not <span id=\"SPELLING_ERROR_2\" class=\"blsp-spelling-corrected\">surprisingly<\/span> this figure is roiling the financial markets. The reason is that consumer spending makes up such a high percentage of GDP. But if consumers don&#8217;t have jobs then they have no money to spend.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">This economic statistic is evidence that the economic recovery is stalling a bit. I will be paying close attention to the news at both the macro economic level and the micro economic level of individual business news to get a better indication of where we are at in an economic recovery.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grim economic news today folks. In June the estimated number of job losses was 467,000. This number compared to economists&#8217; estimates of 350,000 to be lost. This increase in unemployment pushed the overall unemployment rate up to 9.5% &#8211; the highest level since August of 1983. Not surprisingly this figure is roiling the financial markets. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-178","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=178"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/178\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}