Can We Stop Pretending That Anyone Understands The Labor Market?

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As with investing, past performance is no guarantee of future action.

· Unemployment for whites was 3.4%, 6.9% for blacks, 4.9% for Hispanics, and 3.6% for Asians.· Permanent job losers were down by 1.9 million from the previous year but is still at 1.6 million.

· People not considered in the labor force but who wanted a job stood at 5.7 million, which was 708,000 higher than February 2020. · While jobs were up 467,000 during the month, that’s less than the average 555,000 monthly gain in 2021. Close to a third of those jobs, 151,000, were in the food services, drinking places, and accommodation industries. Add the 61,000 retail job gains and you’ve got 45.4%, nearly half, of the total cheered jobs that are low pay.

 

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Yes we all stopped pretending that you understand the labor market, cause if you don't believe that you started all the BS when you closed the pipe line, gas went up, you requested higher pay, that alone created inflation. Yes we know that you don't know!

We undersand it and the labor force participation rate and what Dems policies to combat the flu have done for so many who would rather work than go bankrupt.

That is a very complexly worded question. Not sure how many questions there are in that.

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