Feb Jobs Report

Hello friends today we look at the monthly employment report and try to figure out who to blame.

Music:
performed by -- Illinois Brass Band
song -- Toccata and Fugue in D Minor
album -- Music to Summon the Spirits

(*A) THE EMPLOYMENT SITUATION — FEBRUARY 2022
(February's Jobs Report)
https://www.bls.gov/news.release/pdf/empsit.pdf

(*B1)US economic growth to slow to 3.6% in 2022 from 5.7% in 2021, forecasts GlobalData
https://www.globaldata.com/us-economic-growth-slow-3-6-2022-5-7-2021-forecasts-globaldata/

(*B2)Real GDP increased 5.7 percent in 2021
https://www.bea.gov/news/2022/gross-domestic-product-fourth-quarter-and-year-2021-advance-estimate#:~:text=Real%20GDP%20increased%205.7%20percent,in%202020%20(table%201).

(*C)Current US Inflation Rates: 2000-2022
https://www.usinflationcalculator.com/inflation/current-inflation-rates/

(*D)Covid-19 Economic Relief
https://home.treasury.gov/policy-issues/coronavirus

(*E)How lagging production will push recovery-driven oil prices even higher
https://www.scmp.com/comment/opinion/article/3138169/how-lagging-production-will-push-recovery-driven-oil-prices-even

(*F) Markets Expect 25-Basis-Point Fed Rate Hike in March 2022
(Fed Chair Jerome Powell)
https://www.investopedia.com/markets-expect-25-basis-point-rate-hike-in-march-2022-5221737

(*G)Investors flock to the dollar as G-10 currencies plummet following Ukraine invasion
https://fortune.com/2022/02/24/us-dollar-currency-europe-russia-ukraine-invasion/