Holger Zschaepitz(@Schuldensuehner):US jobs report screams slowdown beneath the headline: payrolls rose just 57k, but the household survey showed employment plunging 507k and the labor force collapsing 720k. Unemployment fell to 4.2% for the wrong reason: participation cratered to 61.5% from 61.8%.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

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Holger Zschaepitz@Schuldensuehner

2026.07.02 15:38

US jobs report screams slowdown beneath the headline: payrolls rose just 57k, but the household survey showed employment plunging 507k and the labor force collapsing 720k. Unemployment fell to 4.2% for the wrong reason: participation cratered to 61.5% from 61.8%.