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Re: Consumer Prices up Again In October

Posted by Peter Rosa on Wed Nov 13 17:07:52 2024, in response to Re: Consumer Prices up Again In October, posted by AlM on Wed Nov 13 09:52:10 2024.

No, in fact the job market is good right now. Reddit is anecdotal evidence only, and it is obviously weighted toward the bad news.

There are a few trends which are reducing the size of the labor force below past levels and therefore are keeping the unemployment rate down: people are staying in school longer, retiring at younger and younger ages (55 is the new 65), and anecdotally at least more women are becoming housewives.


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