Weekly Market CommentaryGetting Jobs Market Back Into Balance

September 15, 2022by Bailey Wealth Services

Federal Reserve Chairman Jay Powell reiterated his warning that getting inflation under control will require some pain.

Powell is likely making these warnings based on the arcane, clunky relationship between inflation and unemployment. The key to getting the market back into balance is a bigger
labor force, and the economy is starting to experience a larger labor force as individuals come off the sidelines and rejoin the job market.

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