Here are the facts: In January 2023, the U.S. economy added 1/2 million jobs. The best way to solve a labor shortage is with labor. That’s as true now as it was last year. The unemployment rate is 3.4%, the lowest in over 50 years. The Sahm rule moved down to -0.1 percentage point. We are
Missed opportunity for "It's the end of the Philips Curve as we know it (and I feel fine)."
Where are all those who thought a recession was going to happen because of the supposed layoffs in the tech sector? This was some jobs report today. The labor market fighting the fed and they're winning.