On Friday the Bureau of Labor Statistics reported 263,000 new jobs were added in September. While that growth seems like good news in this economy, it runs directly counter to what the Federal Reserve wants to see. And the even worse news for the Fed was that the unemployment rate fell back to 3.5%.

That low unemployment rate has to be driving the Fed nuts. Americans working and spending money is something they don’t want to see as they have forecasted a recession next year and are looking for the unemployment rate to reach 4.4%. This is a dark details ⇒

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