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© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Fed officials now seeing U.S. job market near full recovery
By CHRISTOPHER RUGABER WASHINGTON©2024 GPlusMedia Inc.
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dagon
The U.S. job market is nearly at levels healthy enough that the central bank's low-interest rate policies are no longer needed, Federal Reserve officials concluded last month, according to minutes of the meeting released Wednesday.
A "healthy" job market with mass resignations, resurgent unions and furious workers, many refusing to work for non-living wages while endangering their health and well-being. Many dropping out of the job market entirely.
Yeah, "healthy".
JeffLee
The Fed's already tapering, with plans to reduce its balance sheet this year, and soon Americans will see higher interest rates. We are entering a new economic era, on the strength of the Biden economy.