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NWSOFA Indivisible Fiscal and Economic Issue Team June Meeting

June 18 @ 7:00 pm - 9:00 pm

Join NWSOFA’s June’s Fiscal & Economic Discussion: Insightful Economic Update & Discussion: 6/18 @7PM

Please Join NWSOFA’s June’s] Fiscal & Economic Discussion: Insightful Economic Update & Discussion. Tuesday, June 18th @7PM CST

The NWSOFA Fiscal and Economic Issues group will meet on Tuesday, June 18th @7 pm. The Zoom room will open by 6:55 pm. Come join us, catch up on this year’s US & IL economic news and share your thoughts. US Economy continues on it’s “Strong but not to Strong” Economic trend… Stock Market Agrees .. Hitting Records.. the Biden administration has “ 40 straight months” of continued positive / record jobs growth .. with wage gains exceeding the 4% inflation..

Think of the impact of nearly 16 million new jobs all contributing to SS and Medicare & unemployment compensation etc and not drawing down On unemployment payments…very positive impact!

RSVP to let us know you will be attending .. RSVP by clicking here—>> https://mobilize.us/s/j1sw4x

Special new areas of discussion will continue in June: 1)Biden economy vs. Trump economy (pre Covid), 2) Immigration contribution to economy and 3) CBO latest 10-year forecast

Latest highlights … economic information to discuss at our June meeting:

  • New jobs were +272,000 in May job growth,
  • April was revised down -10,,000 and March revised down by -5,000 as reported in the June (May) BLS report
  • New Unemployment rate holds @ 4% reported in the May BLS report
  • PPI rises .005 (.3%) in May..
  • Average hourly earnings for all employees increases .4% … for last 12 months reported in the BLS = 4.1%
  • The labor force participation rate held at 62.7 percent was in April

A good chance we will have a soft landing without a recession. Come join us on Tuesday, June 18th to hear what we think may happen with the economy in 2024l

ZOOM link for the Tuesday June 18th @6:55 PM central join the 7:00PM call Zoom by clicking here -> https://bit.ly/NWSOFA-Zoom

Details

Date:
June 18
Time:
7:00 pm - 9:00 pm