In fact, this is pretty much what the Fed has been trying to do with rate hikes — cool off a smoking hot labor market. It's a sign of the job market coming into better balance, as Axios Macro wrote last week.
That's code for the Fed Waged class warfare and succeeded.
RandomCollection |2 pointswritten 5 months ago ago
https://archive.ph/57Uaw
That's code for the Fed Waged class warfare and succeeded.
It's a disgrace what happened.