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Economy Needs More People to Go on the Job Hunt
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There are two ways for the job market to cool off. One is for hiring to slow considerably. The other is for more people to enter the labor force. The latter is obviously preferable, but it isn’t clear how much of the latter the U.S. is going to get.
The Labor Department on Friday reported that the economy added a seasonally adjusted 428,000 jobs in April—equal with March’s gain and showing employment is growing at a heady clip. The unemployment rate, which is based off a separate survey, held at a very low 3.6%.
Read more on wsj.comAbout this in other media
U.S. Economy Is Headed for a Downturn, Wells Fargo CEO Says wsj.com /2 years ago
Fiddling with the energy price cap is the tip of the iceberg. More needs to be done theguardian.com /2 years ago
Boris Johnson urges more people to return to office working theguardian.com /2 years ago
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