ECONOMY
Issue #337
26 Mar 2023
Some more rune reading for you on the state of the labour market and contradictions are persistent, which tells us either our data collection is problematic or something is going on in society with is at odds with the orthodox understanding of socio-economics. Still millions of unfilled jobs, yet still millions of missing workers, something which the US Federal Reserve has perceived as too high a cost of employment and so has been jacking up interest rates in record breaking manner. It’s a crude mechanism though and we are now see weakening investment and job growth as a result. Radancy, via the sterling work of brainfooder Sarah Ali, try to make sense of it, so have a go yourself here.