Jobs are the best hope for the economy
Posted on: July 8, 2022 at 08:37:37 CT
meatiger MU
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Very strong jobs report, so despite all of the issues in the current economy, companies are still hiring, while job losses are usually the first thing lost.
Obviously, wage growth is slower than inflation, but that is still better than no wages, or just unemployment.
Prices will moderate at some point, and if the job market stays strong, I think the recovery will be fine.