A 4.1% unemployment rate is still historically great level and would be amazing in most times in our past.
They need to revise this report to confirm the % of these newly added jobs can provide a living wage, I know thats a separate report but fast food/hospitality jobs are not it in terms of a decent salary to sustain a household, meanwhile our parents were able to work those same jobs, buy houses, pay for college if they went.
I’m sorry—isn’t this rising unemployment supposed to be the solution for inflation?
Market isn’t “spooked” because all that newly printed money has to be invested *somewhere* and it’s surely not going under the mattress when real inflation (of things people actually buy, like groceries) is like a whopping 8-10%.
High unemployment is what the people who control the markets want; of course they’re not spooked.
Because some psrts of the market want other parts depressed so they can buy
The only reason the unemployment rate increased is because we now have more people joining the labor force than we’ve had in a generation.
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A 4.1% unemployment rate is still historically great level and would be amazing in most times in our past.
They need to revise this report to confirm the % of these newly added jobs can provide a living wage, I know thats a separate report but fast food/hospitality jobs are not it in terms of a decent salary to sustain a household, meanwhile our parents were able to work those same jobs, buy houses, pay for college if they went.
I’m sorry—isn’t this rising unemployment supposed to be the solution for inflation?
Market isn’t “spooked” because all that newly printed money has to be invested *somewhere* and it’s surely not going under the mattress when real inflation (of things people actually buy, like groceries) is like a whopping 8-10%.
High unemployment is what the people who control the markets want; of course they’re not spooked.
Because some psrts of the market want other parts depressed so they can buy
The only reason the unemployment rate increased is because we now have more people joining the labor force than we’ve had in a generation.