Take a look at the latest economic data released in the United States: non-farm payrolls for November 1990,000, higher than the expected value of 180,000 and higher than the previous value of 150,000. The unemployment rate in November was 37%, below expectations of 390%, lower than the previous value of 390%。
Although people from all walks of life around the world have been bearish on the U.S. economy for nearly half a year and have been expecting a recession in the U.S. economy, the reality is that U.S. employment and the economy are still very tenacious.
The unemployment rate in the United States unexpectedly fell in November, slapping all the pundits and investment bigwigs in a loud mouth.
It seems that under the Fed's violent interest rate hikes, and with inflation gradually slowing down, the US economy will avoid a hard landing for the first time and against the rules this time, and there will be a soft landing.
What is the main reason for such a miraculous economic phenomenon?The main reason is not complicated, that is, the United States has adopted an active fiscal policy to increase people's income and help people repair their balance sheets, thus creating a rapid economic recovery.
To put it bluntly, the strong economic growth in the United States for three years is because the United States has given a lot of money to the people during the epidemic.
Nearly $5 trillion in real gold** went directly into the pockets of ordinary Americans. This has injected a strong endogenous impetus into the recovery of the US economy. As a result, the U.S. economy quickly emerged from the impact of the pandemic, and the strong economic growth momentum continues to this day.