Exactly. I wouldn’t doubt we lost jobs.
It’s quite easy to imagine when the administration can be trusted with precisely nothing except greed, corruption, and fascist acts.
Exactly. I wouldn’t doubt we lost jobs.
It’s quite easy to imagine when the administration can be trusted with precisely nothing except greed, corruption, and fascist acts.
pdxfed@lemmy.world 3 days ago
The administration, if anything though, would want to pull the numbers down, to show weak hiring/job losses as that would compel the fed to more aggressively lower rates. This is because they want to lower rates to juice business profitability and maybe accidentally help a few Americans so they might get reelected. That paradigm is basically changed though because lower rates no longer leads to much job creation delta, businesses hire pretty much when they need to regardless. It’s not 1970.