Does America need more unemployment?

Posted on AllSides July 10th, 2023
From The Left
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ANALYSIS

American summers, known for baseball games, roasted marshmallows and county fairs, have acquired new traditions: pools missing lifeguards, camps in need of counsellors and restaurants desperate for waiters. These shortages matter for more than just the businesses concerned. Over a year into the Federal Reserve’s fight against inflation, the state of America’s labour market has taken on extraordinary importance. Its health is a crucial indicator of whether the battle is being won or lost.

Initially the covid-19 pandemic was to blame for many of the workforce gaps, since people were less inclined to...

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https://www.economist.com/finance-and-economics/2023/07/09/does-america-need-more-unemployment

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