The drops in both new jobs and wage growth contained in a Department of Labor report released on Friday elicited cheers from financial world insiders.

“Wage growth … slowed a lot,” tweeted Harvard economics professor Jason Furman, declaring that it represented the “best reason for hope on moderating inflation.”

https://theintercept.com/2023/01/06/unemployment-inflation-fed-interest-rates/

Financial World Celebrates Slowing Wage and Employment Growth in New Jobs Report

In the debate over American workers’ welfare versus the Federal Reserve’s inflation-cooling rate hikes, the workers are losing.

The Intercept
@theintercept cheering the ongoing successful theft of assets from working people while profits continue to grow for the lying greedy thieves running the planet destroy economy’s the media loves.
3 cheers for capitalism and global extinction events
Hurrah
Hurrah
Hurrah