On the evening of the 8th, Beijing time, the United States announced the number of non-farm employment in June, with 372,000 new non-farm employment in the month, and the data in May was revised to 384,000.

On the evening of the 8th, Beijing time, the United States announced the number of non-farm employment in June, with 372,000 new non-farm employment in the month, and the data in May was revised to 384,000. The unemployment rate remained unchanged at 3.6%, which exceeded expectations. What about the recession that was supposed to be?

On the one hand, non-agricultural employment has improved, while on the other hand, high-tech companies have laid off a large number of employees. Why is the US economy so extreme and fragmented!

In fact, since the US economy began in 20 years, the US service and technology industries have suffered severe blows. However, by releasing debts by , the Federal Reserve not only saved many service companies, but also a large number of technology companies that rely heavily on financing!

In March 22, the Federal Reserve began hiring interest rates at , which has increased the impact on financing and the interest paid is also high, which will naturally cause damage to the technology industry. Therefore, in the United States, a large number of technology companies, including Apple , Tesla , etc., lay off a large number of employees!

However, the service industry has been in a state of unsaturation due to the epidemic. For example, jobs such as nurses and drivers have been in short supply. Therefore, after the epidemic is flat, the service industry has a great demand for recruitment, and the industry attributes have caused the strange phenomenon of difficulty in recruiting workers in the service industry and the technology industry layoffs!

htmlThe number of non-farm employment in June exceeded expectations, indicating that the US economy is recovering slowly, and the large number of layoffs in the technology industry showed that the economy is in a recession!

So, is the recession coming? The US economic recession is far from here, and it can be seen from the fact that the number of non-farm employment exceeds expectations!

This also makes the market believe that the data further strengthens the Fed's expectation of a 75 basis point rate hike in July, and the Fed will not cause an economic recession when formulating a rate hike policy.

But there will be a substantial economic recession in two places, one is Europe and the other is Japan and South Korea!

After all, Europe is large in size, and to draw blood from Europe, it is necessary to create local conflicts such as Russia and Ukraine. However, Japan and South Korea have already stripped off their shirts and lie on the ground and allowed the United States to pick them!

7 Euro has fallen to parity with the US dollar, and the yen has dropped to a maximum of 137 yen against one dollar!

Both were affected by energy shortages, mainly due to the fact that they had a feud with Russia, the largest and cheapest energy supplier, and were cut off most of the energy supply (Europe soon reached the month of banning Russian oil)!

After all, in addition to the excessive currency issuance, the energy shortage has exacerbated the intensity of inflation. Yesterday, , British Prime Minister resigned and today, former Japanese Prime Minister , Abe was assassinated, all include factors such as high inflation leading to social instability!

It is the energy shortage that caused the economic recession in Europe and Japan, including South Korea, rather than the economic problems that have entered a recession!

Germany, Japan and South Korea and other manufacturing powers all have deficits. If you sell products, you will also have to make subsidies and lead to losses. What kind of world is it that it will be strange if there is no economic recession!

Therefore, it can be concluded that the global economic recession is a pseudo-problem, mainly due to high oil prices and the foul relationship between Europe and Russia. Japan followed the US sanctions on Russia, which led to a shortage of crude oil supply!

In order to crack down on oil prices, the United States continues to advocate for the world economic recession, which is a bluff!

After the non-agricultural economy was released in June today, U.S. oil futures and Brent oil futures both rebounded vigorously! Goldman Sachs and other investment banks even shouted that crude oil would reach US$140 per barrel!

International oil prices dare to rise sharply, but in June non-agricultural data, we saw the slow recovery of the US economy! The US dollar rate hike will not lead to a sharp economic recession!