Off-Topic: The News Is Bad
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Name:
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CRD
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Subject:
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The News Is Bad
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Date:
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3/4/2022 12:06:10 PM
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Employent is still down 2.1 million or 1.4% as compared to pre-pandemic Feb 2020 levels. Wage growth as reflected in hourly earnings increased 5.1% Fish!!! Unfortunately, the buying power of that increase is wiped out by the consistent 7% inflation rate. All this tells me is that people are finding it necessary to work more than one job to stay afloat. Biden economics for the simple minded translates to happy days are here again, but for those who dig a little deeper, these stats from the BLS are none too rosey.
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