⚠️LAST⚠️ 🇺🇸 New labor data in the U.S. shows a CLEAR slowdown in EMPLOYMENT
🔻 Private employment (ADP) added only 54,000 new jobs, below the expected 65,000
🔻 Unemployment claims: 237,000 vs 230,000 expected
🔻 Continuing claims: 1.94 million vs 1.962 million expected (reflecting how many people continue to collect unemployment week after week)
📍The FED can no longer ignore these recession signals.
📍The EMPLOYMENT report tomorrow will be crucial to see if we will have 3 cuts this year