That is the first time in over 4 and a half years the number of non-farm jobs in the US has declined and it was totally unexpected by the pundits.
But, wait, there’s more! as they might say…

Wages also fell during that time. That is actually good news because it signals inflation pressure may ease in the coming months. But, inflation will still be up this year.
Yes, we are in a recession. Yes, it is time to embrace the dip and push through it. To understand what I mean, read the dip by Seth Godin.

If you are prepared, this is a time of opportunity.