In an article published September 4th, 2014 on Fox News Ed Butowsky explains that jobs, while important for our families, are more important to the government. Why? Because jobs is how the government generates revenue to pay for programs our country needs to sustain and expand itself.
Like clockwork every first Friday of the month at 8:30am the Department of Labor releases these numbers. Whether they are good or bad the market, analysts, individual and institutional investors react accordingly.
What’s more important is that…
A job is much more than what you and I need to stay alive, to feed our families, to educate our kids and to save for retirement. A job is how our government generates revenue.
To learn more about this and other topics by Ed Butowsky go to What the jobs numbers really mean?