The right numbers: Against the odds, the economy is humming

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The latest Department of Labor statistics show wage and job gains and low unemployment, with the rate staying under 4% for two years. The Federal Reserve managed to control inflation while overseeing an economy that has added jobs and raised wages. Real wages of the lowest-paid workers have risen significantly in the past couple of years. The U.S. economy has seen rises in productivity and economic output with commensurate increases in wages. The GOP-controlled House has obstructed progress. The economy is stable and growing, benefiting not just the rich.

#Economy #Unemployment #Wages #FederalReserve #Gop #DepartmentOfLabor

https://www.hawaiitribune-herald.com/2024/02/07/opinion/the-right-numbers-against-the-odds-the-economy-is-humming/