Why the job market is booming despite high-profile layoffs

"The baby boomer retirement has put a lot of strain on the labor market," said Sederberg of Lightcast. "I'm not worried about layoffs."

Despite strong hiring in January, there was no change in the labor force participation rate, a measure of the share of working age adults in the workforce or seeking work, suggesting many Americans remain on the sidelines.there remains a path for bringing inflation down to normal levels without causing a significant rise in unemployment.

In other words, Powell reiterated the possibility of a soft landing, in which the Fed slows the economy and brings down inflation while preventing the U.S. from entering a recession and causing a spike in unemployment. The jobs report released on Friday suggests the potential for an even more optimistic outcome, Pollak said.

"Now we're seeing something even more improbable than that soft landing," she said. "The best case scenario is rather than a small increase in unemployment, we actually see falling unemployment."

Thanks Joe

And Joe Biden got 81M votes.

Ummm, because people have to work 2 jobs because of inflation, high energy bills, high rents ect.

BidenDelivers

Because the demand is there!

Because people need 2 something 3 jobs to afford to survive

No. It isn't.

These numbers are all fake

Thank you President Trump.

It’s almost as if everyone failed to mention we went throw pandemic, shut ever down and paid people to stay home. These numbers are right where we were before the pandemic.

Something smells with that information. Think about it.

It's a good thing they don't keep actual statistics because the actual unemployment rate is far higher than that ridiculous 3.4% number.

The Great Demotion

What’s worse: China sending high altitude system Spy, Bio Weapon or Radiation Hazard devices into our airspace or Our government doing absolutely nothing about it?

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