Disliked{quote} Nfp is good newsBringing employment in from Europe is bright future
UK stopped EU workers, look what is hapenning, Europeans chose to return and work in EU. Farmers, NHS, hospitality industry is safferring, labor shortage.
Ignored
Companies relocating from the EU to the US helps the US economy and hurts the EU economy.
Workers returning to the EU need jobs but companies relocating to the US take jobs out of the EU economic area.
The UK removing workers' rights to strike or protest economic conditions is not a positive step. It limits people's ability to influence governments to elections. It is totalitarian control by the government!
Labor shortages around the planet are the result of free money during Covid19 and the hysteria created by the handling of Covid19. People returning to the workforce are demanding higher wages again around the world resulting in inflation.
In any event, the NFP is one data point. Since the number is 3 x higher than the average from all of last year, it is very suspect. It would have to be repeated to be a strong economic signal that the US is expanding.
I believe we will have to see what happens in the coming weeks both in the news and with forex rates.