Economy

doc03

(37,122 posts)

6. I have noticed in the last month that the shortage of workers has

Reply to mahatmakanejeeves (Original post)

Mon Oct 31, 2022, 09:04 AM

Oct 2022

become worse. The fast-food places are closing their indoor dining areas again like they were last year.
The sit-down restaurants are also working shorthanded, I know of a couple that have closed off part of their
dining area because of the labor shortage. The stores all have help wanted signs and complain they can't get workers.
The Fed wants to slow the economy so there is no labor shortage and therefore keep wages down. I have been around
a long time I have never seen an economy like this where you have 3.5% unemployment and 10 million jobs
that can't be filled.

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The Fed's Problem With the Job Market [View all] mahatmakanejeeves Oct 2022 OP

Raising borrowing rates does not curb inflation. It makes it worse. ProudMNDemocrat Oct 2022 #1

Nope Bernardo de La Paz Oct 2022 #3

The Fed raising interest rates increases the cost of money to banks, so they raise their rates Bernardo de La Paz Oct 2022 #4

From what I'm seeing... jmbar2 Oct 2022 #2

lets remember what republicans want anti stupid Oct 2022 #5

I have noticed in the last month that the shortage of workers has doc03 Oct 2022 #6

Rising prices are about testing what the market will bear and maintaining corporate profits. /nt bucolic_frolic Oct 2022 #7

Are they really that pig ignorant? Warpy Oct 2022 #8

Quadruple redundancy ... Xoan Oct 2022 #9