Reply To: U.S. Grappling with Tech Layoffs and Bank Crisis’s Adds More Jobs with Unemployment Rising

07 Feb '23 at 2:30 pm #53034
TradersCom
Keymaster

Feds Powell on the blowout NFP Jobs:

“- Labor market is extraordinarily strong
– There is now a shortage of workers in the US and ‘it almost feels structural
– The labor market is ‘at least’ at maximum employment”