[newaccount2023]

why do these stories keep touting the job market?

the companies who can't fill their openings are places like Chipotle, McDs and Walmart

the places laying off are Google, Amazon, GM

really wish these talking heads would talk about SPECIFIC high quality jobs that can't be filled...don't pretend scrubbing a toilet at Burger King is a rung up the economic ladder for anyone

[elwebmaster]

This exactly! Is the average person really unable to look beyond the plain numbers? Higher employment than during the pandemic? No kidding, we can all get part time jobs cleaning bathrooms at McDonald’s which were completely out of reach during the pandemic. Let’s all rejoice and applaud the FED! How reckless can they be with their policies and who is gaining from the disaster they are unwinding on the average person?

[Rury]

People focus a little too much on unemployment rates. Labor participation rate is still at 45 year lows. There is a lot of people are out there not working, but focusing on the unemployment rate wouldn't make you think that.