(08-08-2022, 05:21 PM)captivating Wrote: Well Risk is an idiot.

US employers added more than 500,000 jobs in July and the unemployment rate dropped, defying fears that the labour market is heading for a slowdown. The jobless rate fell to 3.5% from 3.6% in June, as restaurants, bars and other firms continued to add workers.

While I wouldn't use pawn shops as a primary indicator of the economy, the addition of jobs in July is probably due to a couple of things; summer jobs by students, and people who are returning to work because inflation has eroded whatever saved money they had left. Could also be people taking 2nd jobs just to overcome the effects of inflation on their incomes. I have no numbers to back this, merely a guess. The breakdown of the type of jobs added would be helpful.

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