A Horrendous Job Report Looks Even Worse Under The Surface

SchiffGold4.34K FollowersFollow5ShareSavePlay(5min)CommentsSummaryThe jobs report showed an unexpected loss in jobs of -92k.For the year, the Household Report now shows a loss of over 1M jobs for the year.The labor force participation rate is still well below the highs before the Global Financial Crisis. SOMKID THONGDEE/iStock via Getty Images The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reportsThis article was written bySchiffGold4.34K FollowersFollowSchiffGold is a full-service, discount precious metals dealer specializing in investment-grade gold and silver bullion. We offer a range of related services, from vault storage partners to physical gold IRAs. Renowned investor Peter Schiff founded SchiffGold in 2010 to provide a trustworthy source of bullion for his brokerage clients. Peter has always advised long-term investment in physical precious metals as an inflation-proof store of value. Unfortunately, he found far too many gold buyers were getting swindled by big companies pushing numismatics at high markups. SchiffGold is his answer — an honest gold dealer that sells only the most liquid bullion products in the world at the lowest possible prices.