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The American labor market has been roiled by a bizarre phenome | Save America 🇺🇸

The American labor market has been roiled by a bizarre phenomenon: 9.8 million people are deemed to be officially “unemployed,” and 16.2 million people still claim state or federal unemployment compensation, including the extra $300 a week in federal benefits that allow a lot of people to make more money from unemployment compensation than from working. At the same time, there are reports that job applicants have dropped for job openings, that companies are complaining about “labor shortages,” and that, today, unfilled job openings have spiked in a historic manner.
Job openings jumped to the highest level ever, to 8.12 million openings in March, seasonally adjusted – and to 8.24 million openings not seasonally adjusted – the Bureau of Labor Statistics reported today. Compared to March 2019, the last March of the Good Times, job openings were up by 13%:
via seekingalpha.com

The deindustrialization of the country is going according to plan. The economy suffers from a labor shortage. This is one example of the fact that too much money is being printed, far more than is necessary for the normal development of the economy. This is confirmed by a significant increase in inflation.

@live_America
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