The U.S. economy and job market are ‘looking very encouraging’: Economist

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#US #Economy #Jobs
Senior Economist Jim Glassman joins Yahoo Finance Live to discuss what to expect in the economy and why jobs are increasing wages.

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This title doesn't align with reality.

Blakelikesfood
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Those jobs added are all sesonal retail and service low pay, good paying jobs have a ton of applicants there is no labor shortage

zLeMans
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wages increased but lets not bring up inflation dwarfs the increase

cmonz
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Its not about the resignation. Its about what jobs are available on the market. I am talking about my personal experience in CA: you are applying for permanent position but do receive a response from temp agency about 3 weeks temp assignment (max) without benefits and with the pay that would not even allow you to have enough to pay rent. Moreover, I personally run into scenario when one of the job offers resulted in bunch of emails from recruiters from India demanding the copy of my passport and SSN to be sent via email. In addition, I also had a call where the recruiter from India told me that “Its not your job to know how much client will pay - your job is to go and work”. To share more, at my last job of 14 years I used to make $68K + benefits. Now the same job in California is ranging from $35-45K without benefits and turns out to be a temporary assignment. I understand that temporary jobs are more comfortable for government to have because jobs report looks better with huge number. Maybe this case is only applicable to California where Democrats do have voters already - and now its their wish to keep Republican-led states happy prior to elections. But I hope government understands that sooner or later the truth will come out and truth always prevails.

bornwin
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It seems at the ground level How the economy n the benefits of inflation received has been so encouraging 😁😁😁 tq Biden .

enjayl.
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They can report the economy is so good even if more people dont have jobs, inflation is at its highest.

TheHouseofChameleons
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Can't find any good news on the economy even when I directly try to search for it except for this foolish channel and their spin.

robertm.