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Topic	Why is inflation so bad right now?
Ozmose 03/08/23 12:47:58 AM #49:	shadowsword87 posted... Also, US unemployment percentage is lower than it has been since World War 2. Basically everyone who wants a job, has a job. We are in a labor market, and businesses are scared by that. The numbers aren't quite as they seem considering they're counting all of the people returning to work after COVID. The fact that 60%+ of the available jobs are low paying service industry jobs doesn't help. Not surprising unemployment is low when a ton of people need to work two jobs just to make ends meet. --- Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry, their passions a quotation. - Oscar Wilde <cite>Ozmose posted [p:972028924] in Why is inf... [t:80371481]...</cite> <quote>shadowsword87 posted... </cite><quote>Also, US unemployment percentage is lower than it has been since World War 2.Basically everyone who wants a job, has a job.We are in a labor market, and businesses are scared by that.</quote>The numbers aren't quite as they seem considering they're counting all of the people returning to work after COVID. The fact that 60%+ of the available jobs are low paying service industry jobs doesn't help. Not surprising unemployment is low when a ton of people need to work two jobs just to make ends meet. --- Most people are other people. Their thoughts are someone else's opinions, their lives a mimicry, their passions a quotation. - Oscar Wilde</quote> ... Copied to Clipboard!
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