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Navigating the Employment Paradox
This chapter explores the perplexing situation of low unemployment rates coupled with a significant decline in hiring across the U.S. economy, particularly affecting job seekers in the Bay Area and recent graduates. It highlights the impact of housing costs on wage stagnation and discusses the broader implications of inflation and financial strain on American households. The conversation also delves into historical trends in employment practices and the potential need for increased housing availability to mitigate these economic challenges.