Politico: Next week’s Category 5 economic storm

[Weatherman2020]

Joe will be hiding in his Delaware basement.

Next week’s Category 5 economic storm

www.politico.com

Related:
Biden Administration Bracing for a Tsunami of Bad Economic News Next Week.

 

[johngaltshrugged]

Politico talks about low unempolyment numbers without acknowledging we are still lagging in labor participation rate.
If you gave up looking for a job, somehow you aren't counted as unemployed.

Job creation is mostly second jobs for those trying to make ends meet & still hasn't erased the labor participation problem.

They will do all they can to spin it that it's not as bad as everyone knows it to be.
Then they will double down on the idiocy that brought us so low, so quickly, cuz they aren't done with the total implosion by a long shot.
Ain't progpolicies great?

 

[Moonglow]

My economy is still roaring and producing...

 

[1srelluc]

My economy is still roaring and producing...

You want a cookie?

 

[Papageorgio]

My economy is still roaring and producing...

We all know you are the most important person inside your head.

 

[Harpy Eagle]

Job creation is mostly second jobs for those trying to make ends meet

 

[johngaltshrugged]

I guess doing your own research is too much for lefties

More American workers are taking on second jobs as inflation rages

Number of people working two full-time jobs is at a record high, according to government labor numbers.

www.cbsnews.com

 

[Harpy Eagle]

I guess doing your own research is too much for lefties

More American workers are taking on second jobs as inflation rages

Number of people working two full-time jobs is at a record high, according to government labor numbers.

www.cbsnews.com

Maybe next time you will read the article and not just the headlines.

Seems the number of folks holding multiple jobs are down a lot from the Trump years. I guess all those folks needed to do it to make ends meet as well back then.

 

[johngaltshrugged]

Maybe next time you will read the article and not just the headlines.

Seems the number of folks holding multiple jobs are down a lot from the Trump years. I guess all those folks needed to do it to make ends meet as well back then.

View attachment 674098

With U.S. inflation racing ahead worker wages, a growing number of Americans are taking on second jobs to make ends meet.

Many people have already reined in spending where they can, while others have tapped their pandemic savings to cover the rising cost of food, gas, rent and other necessities. Yet the highest inflation in 40 years is weighing heavily on millions of households. Three-quarters of middle-income Americans say they don't earn enough to pay for the cost of living, according to a recent survey.

 

[initforme]

With a labor surplus we will pull out of it

 

[Weatherman2020]

With a labor surplus we will pull out of it

Must be why CNN says the top issue with Americans is the economy.