Prior to August, the economy had been growing by more than a half million jobs a month.
Tag: Monthly jobs report
"This is what happens when you reward people for staying at home and throw gasoline on an inflation fire with socialist spending packages. If Congressional Democrats and the Biden administration really want to help struggling Americans, they will get out of job creators’ way and suspend with Pelosi’s $3.5 trillion spending spree which will double down on the worst of today’s jobs report.”
At next week’s FOMC meeting, the state of the labor market will play a key role in policy deliberations. But there’s a lot more going on underneath top line unemployment numbers that make them a bad tool for monetary policy decision-making. The May employment report is a conundrum. Employment growth and the unemployment rate sent opposing … Continue reading Did you notice the really bad sign in the last monthly jobs report?
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