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by elwebmaster 1190 days ago
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?
1 comments

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.