The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It's yet another data point that underlines the country's economic strength, even in the face of 11 rate hikes from the Federal Reserve.
If somebody could politely explain to me, why is the economy doing well but my paycheck provides less and less each month? I feel like these numbers are divorced from my everyday experiences. Does the inflation of goods not factor in?
This is exactly along the lines of what I thought. It’s just so strange to me to have people cheer a good economy when it can mean so little for your average peon.
Live updates: Another shockingly good jobs report shows America's economy is booming ( www.cnn.com )
The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It's yet another data point that underlines the country's economic strength, even in the face of 11 rate hikes from the Federal Reserve.