Quotes from the news wire:
If the Fed continues to use unemployment as its measure of labor force slack, and thinks they want a 4.5% unemployment rate — to make that happen, the Fed would have to induce net job loss in the labor market, if we go through two months of negative job growth, all bets are off. The Black unemployment rate will easily get to 9% in that scenario.
Found on CNN 1 year ago
When the Fed meets and makes its policy decision, most people are not getting that what the Fed is saying is' you are making too much money, your wages are rising too fast, and we need to slow the demand for labor, and we need to slow wage increases,'.
Found on CNN 1 year ago
The racial wealth gap is the accumulation of advantage, wealth is savings in many forms. It could be in assets like homes, stock, land and many those things don't go away. When somebody amasses that it just keeps being passed forward and the children are standing on somebody's financial shoulders.
Found on CNN 2 years ago
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