Dozen Day Jobs, Surging Silver, and Grainy Growth

• Dozen Day Jobs – The National Longitudinal Survey of Youth 1979 found that individuals born between 1957 and 1964 held an average of 12.9 jobs from ages 18 to 58. Similarly, over 40% of these jobs were held from ages 18 to 24 (source: U.S. Bureau of Labor Statistics).
• Innovative Investment – JPMorgan Asset Management is investing $500 million into Numerai, which offers a crowdsourced AI model to trade stocks. Numerai users stake their predictions using tokens. Users with correct predictions earn more tokens, while incorrect predictions result in lost tokens (source: Bloomberg).
• More Manufacturing – In August 2025, the U.S. Manufacturing PMI rose to 53.3, up from 49.8 in July 2025. The August 2025 number was the highest reading since May 2022 (source: Trading Economics).
• In Low Spirits – Spirit Airlines has filed for its second round of bankruptcy protection after its previous reorganization failed. In Q2 2025, Spirit Airlines reported a $246 million loss, prompting a $275 million credit borrowing (source: Reuters).
• Grainy Growth – The U.S. Bureau of Labor Statistics projects that the economy will add 5.2 million jobs between 2024 and 2034, which is a 3.1% growth rate. Between 2014 and 2024, jobs grew at a rate of 13%. The healthcare and social assistance sectors are projected to have the largest growth (source: U.S. Bureau of Labor Statistics).
• Surging Silver – The price of silver rose above $40 per ounce at the end of August 2025, which is the highest level since September 2011 (source: Reuters).
• Positive Personal Income – Personal income increased by $112.3 billion in July 2025, which is a 0.4% increase from June 2025. The main factor increasing personal income in July 2025 was an increase in compensation (source: U.S. Bureau of Economic Analysis).
• Voicing Vaccine Differences – For the first time in 30 years, the Centers for Disease Control and Prevention (CDC) and the American Academy of Pediatrics (AAP) have disagreed on vaccine guidance. The CDC is no longer recommending the COVID shot for healthy children, while the AAP says all children under the age of two should receive the vaccine (source: PBS).
• Crossing Craze – The number of unauthorized immigrants in the U.S. reached 14 million in 2023, following 10.5 million in 2021 and 11.8 million in 2022. The 3.5 million increase over two years is the biggest increase on record (source: Pew Research Center).
• Packer Pay Day – Micah Parsons was traded to the Green Bay Packers in a four-year, $188 million contract agreement. This deal makes Parsons the highest-paid non-quarterback in NFL history (source: ESPN).

Originally published 9/8/2025

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