Job Growth in Danger From Historic Inflation

(InformingNews.com) – It’s impossible to deny inflation exists and is looming larger than ever. In this challenging economy, the country needs a strong job market to stay afloat, but employment rates are directly threatened by the historic inflation hitting the US. During a Senate Banking Committee Hearing on January 11, Federal Reserve Chairman Jerome Powell explained that the high inflation rate seriously compromises job growth. He said without changes, it will become tough to restore …

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