2 ms·
I would think, when the labor force participation rate is 62%, and there are 94 million out of the work force, it's pretty obvious that there is a lot of unempl
by douche 10y ago
I would think, when the labor force participation rate is 62%, and there are 94 million out of the work force, it's pretty obvious that there is a lot of unemployment. Granted, included in that number are the elderly and retired, but that's still a lot of people.
The thing with inflation, is that its not broad-based, 1930s-fill-a-wheelbarrow-with-Deutschmarks-for-a-loaf-of-bread inflation, it's inflation in some sectors and deflation in others. Housing, education and health care are going through the roof, but groceries and consumer goods are staying about the same or getting cheaper, and gasoline and heating costs are the lowest they've been in a decade or more.