1moretimeagain
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Stinking it up in a Golden Age
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Oops!!!!
FLASHBACKSo, Biden’s administration is still cooking the numbers on employment? Because I distinctly remember whenever the jobs report would get revised during the last administration it was evidence of a grand conspiracy.
“…“It’s fallen so much because this immigration surge has ended,” Kolko said. In other words, a job creation number that might have looked lackluster a year and a half ago might actually be strong today.
Recently, the number of jobs created each month has been slowing, but the unemployment rate has risen only slightly.
“People are going to have to get used to employment gains that are meh that will not tell us on their own that the job market is weak,” said Berger. “That is a weird thing for people to get used to.”…”
You don’t understand that the paradigm has shifted!!!!11111Perhaps some of the posters here with economics backgrounds could explain this to me. If the Trump economy really is booming, wouldn’t there be no need for a rates change?