The Bureau of Labor Statistics (BLS) has released the June jobs report [Data Here] showing 372,000 job gains on the establishment survey of businesses. However, the April and May reports were revised downward by 74,000 jobs, and there is an odd disconnect between the survey of businesses and the survey of households.
The survey of businesses (BLS establishment report) shows job gains of 372k for the month of June, but the survey of households (BLS household report) shows that fewer people are working. The labor-force participation rate slipped to 62.2% from a previous high of 62.4%, fewer people are working.
This odd disconnect has many people wondering what is going on?
Wage growth comes in at 5.1% on an annual basis, which is far below the current BLS calculated rate of inflation at 8.6%. Meaning wage growth is not keeping up with inflation despite workers entering the labor force at a higher entry level wage.
Economists overall are flummoxed as job gains would indicate a strong economy. However, the actual economic activity, the creation of goods and services, is not growing. Quite the opposite appears. Orders for factory goods have dropped, inventories of currently available goods are climbing, and sales figures across a broad spectrum of companies are negative. The economy as measured by the creation of goods and services is stalled, but the economy as a measure of employment is firm.
Joe Biden, NATO, the G7, the European Union, the World Bank, USAID, and every western leader in the United States and Europe has stated there will be food shortages.

The government in the Netherlands is taking a playbook directly from Canada. Keep in mind that Canadian Prime Minister Justin Trudeau and Dutch Prime Minister Mark Rutte are two top-tier government influencers of the World Economic Forum, Davos crowd.
Senator Lindsey Graham (U-DC) was apparently in Turkey around the same time as the NATO summit. According to a