{"id":1836,"date":"2010-10-10T10:36:29","date_gmt":"2010-10-10T14:36:29","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=1836"},"modified":"2018-08-17T14:11:34","modified_gmt":"2018-08-17T18:11:34","slug":"sol-jobs-situation","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/10\/10\/sol-jobs-situation\/","title":{"rendered":"S.O.L. jobs situation"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Thursday the U.S. Department of Labor announced that the U.S. economy shed 95,000 jobs total (!).\u00a0 The huge majority of those jobs were census workers and other government employees at both the national, state and local levels.\u00a0 The private sector added 64,000 jobs in September.\u00a0\u00a0 These totals meant that the unemployment rate remained unchanged at 9.6%.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> By now this is a tired old refrain &#8211; we are locked in a game of chicken\u00a0between U.S. citizens and U.S. businesses.\u00a0 Who will spend that extra bit of money first?\u00a0 Will consumers buy that incremental item when they fear losing their jobs?\u00a0 Or will business hire that extra employee when their revenues remain flat?<\/span><\/p>\n<p><span style=\"font-size: 16px;\">I will say it again: sans external stimulus from an entity outside of the capitalist system we will remain in this gridlock for a long while.\u00a0 My previous prediction was 18-24 months.\u00a0 However, the seeds of an escape from the labyrinth are already in place.\u00a0 Because consumers are not spending that incremental dollar they bring home, they are instead, saving it.\u00a0 Eventually the fear that many consumers have of what they would do if they lost their job when they are carrying high personal debt levels will fade as those debts are paid off.\u00a0 That will eventually lead to consumers spending that incremental dollar.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Then of course we also have rumblings and ramblings from the Federal Reserve that they will spend BIG money to help the U.S. economy.\u00a0 And after the mid-term elections expect some sort of movement out of Congress to help the U.S. economy.\u00a0 In the meantime, U.S. businesses remain for sale at bargain prices.\u00a0 Have you been looking?\u00a0 Have you bought?<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 10; these data are the most important on the planet right now.\u00a0 Unfortunately and unsurprisingly, they remain unchanged.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n<p><span style=\"font-size: 16px;\">BUY&#8230;The Intuitive Investor: A Radical Guide for Manifesting Wealth from this website!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday the U.S. Department of Labor announced that the U.S. economy shed 95,000 jobs total (!).\u00a0 The huge majority of those jobs were census workers and other government employees at both the national, state and local levels.\u00a0 The private sector added 64,000 jobs in September.\u00a0\u00a0 These totals meant that the unemployment rate remained unchanged at [&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-1836","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/1836","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=1836"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/1836\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=1836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=1836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=1836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}