Thursday, January 27, 2022

Thursday Is New Jobless Day

260K new lucky duckies. Still in slightly worrying (but not really yet) territory.

...and the growth number is huge, though all the very serious people are desperate to put a stop to that (stopping 'inflation'* means raising interest rates *a lot* to drive up unemployment and kill growth).

*I put inflation in quotes because not all "increases in prices" are, really, inflation.