The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It’s yet another data point that underlines the country’s economic strength, even in the face of 11 rate hikes from the Federal Reserve.

  • btaf45@kbin.socialOP
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    5 months ago

    Does the inflation of goods not factor in?

    […thanks to slowing inflation]

    [This job market keeps rewriting the history books.

    The latest superlative: The unemployment rate has now stayed safely below 4% for two full years. The last time the unemployment rate was this low for this long, Richard Nixon was in the White House.]