In our payrolls preview we warned that it was the seasonals that were a major negative risk, with August jobs missing consensus in 8 of the past 10 August prints. Well, make that 9 of the past 11.
With minimal working age population growth, full employment, no further female labor force slack; there is little further potential for labor force growth or resultant economic growth...
...the oldest grooms in the world can be found in Italy, where men get married at the median age of 35... The oldest brides live in Ireland (median age of 32.4 years)...
It is a false Marxist notion among young people here in Europe that if you are successful or comfortable, it can only have been at the expense of humanity...There seems to be no concept at all of "win-win"