The labor market has continued to be remarkably strong during the post-COVID recovery, posting 27 consecutive months of sub-4% unemployment, more than a 50-year record. Wage growth for mid-wage workers has outstripped inflation over the last 13 months on a year-over-year basis. And in turn, both of these forces have helped maintain strong consumption growth,…
Source:www.whitehouse.gov
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Source:www.whitehouse.gov
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