Posted on Mar 10, 2023
The job market slowed last month, but it's still too hot to ease inflation fears
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https://www.npr.org/2023/03/10/ [login to see] /jobs-workers-labor-market-inflation-federal-reserve
Hiring cooled last month from its sizzling pace in January, but the U.S. job market remains unusually hot, with an unemployment rate hovering near a half-century low.
Employers added 311,000 jobs in February, according to a report from the Labor Department Friday that will be closely studied by the Federal Reserve.
The unemployment rate inched up to 3.6% from 3.4% in January, as more than 400,000 people joined the workforce.
Hiring cooled last month from its sizzling pace in January, but the U.S. job market remains unusually hot, with an unemployment rate hovering near a half-century low.
Employers added 311,000 jobs in February, according to a report from the Labor Department Friday that will be closely studied by the Federal Reserve.
The unemployment rate inched up to 3.6% from 3.4% in January, as more than 400,000 people joined the workforce.
The job market slowed last month, but it's still too hot to ease inflation fears
Posted from npr.org
Jobs
Employment
Economics
Posted >1 y ago
Responses: 3
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PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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MSG Stan Hutchison
SFC John Davis - No, this one:
Lt ColLt Col Charlie Brown
Posted 2 h ago
Inflation is due to printing spending money you can't back/don't actually have
I am certainly not an economist, but I do not believe the problem is that simple. there was the massive supply interruption cause by COVID, there was what I consider price gouging by the oil companies, then there was the invasion of Ukraine. I am sure there are other contributing causes.
Hell even the experienced economist cannot agree on the cause or the resolution.
Lt ColLt Col Charlie Brown
Posted 2 h ago
Inflation is due to printing spending money you can't back/don't actually have
I am certainly not an economist, but I do not believe the problem is that simple. there was the massive supply interruption cause by COVID, there was what I consider price gouging by the oil companies, then there was the invasion of Ukraine. I am sure there are other contributing causes.
Hell even the experienced economist cannot agree on the cause or the resolution.
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Inflation is due to printing spending money you can't back/don't actually have
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