The numbers: The U.S. created a robust 431,000 jobs in March and the unemployment rate took another step toward a half-century low, as companies pushed to add staff and more people entered the labor force in search of work.
Hourly pay rose sharply again in March and pushed the increase in the past 12 months to 5.6%, the highest rate since the early 1980s. Big picture: The roaring jobs market is the economy’s lifeline in a time of rising inflation and the global fallout from the Russian invasion of Ukraine. Employment also rose by 102,000 at professional businesses, 49,000 in retail, 38,000 in manufacturing and 19,000 in construction.
Yet at the current rate of hiring, employment in the U.S. is on track to exceed pre-pandemic levels by early summer.
What am I missing here, our jobs numbers seem to be very good, but at the same time dems want to postpone/cancel student loan debt. If majority of the country is working, then why aren't they paying their bills?