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U.S. Recession To Be Revealed By January 2025 “Data Bomb” | Danielle DiMartino Booth

Monetary Matters with Jack Farley

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Monetary Policy and the Job Market

This chapter explores the impact of recent employment and inflation data on the Federal Reserve's monetary policy decisions, particularly regarding interest rates. It highlights fluctuations in the unemployment rate, stealth layoffs, and the rise of gig economy jobs as important factors shaping the current job market. The discussion emphasizes the challenges faced by American workers and the implications for the broader economy as many exhaust their unemployment claims.

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