{"id":6357,"date":"2022-08-10T10:57:59","date_gmt":"2022-08-10T09:57:59","guid":{"rendered":"https:\/\/www.pjamesfs.com\/?p=6357"},"modified":"2022-08-10T10:57:59","modified_gmt":"2022-08-10T09:57:59","slug":"americas-jobs-boom-rolls-on-fuelling-fears-of-sustained-inflation","status":"publish","type":"post","link":"https:\/\/www.pjamesfs.com\/americas-jobs-boom-rolls-on-fuelling-fears-of-sustained-inflation\/","title":{"rendered":"“America\u2019s jobs boom rolls on, fuelling fears of sustained inflation”"},"content":{"rendered":"
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Full employment used to be a worthy goal. Surely if everyone who can work is working, we\u2019d all be happier and tax cuts really would be a way to Level Up. In America, however, those that supposedly know are saying that more unemployment is needed to bring down inflation. The logic is that interest rate rises will make employers cut jobs, the non-working workers won\u2019t have anything to spend and so prices will stop rising. \u2018If it\u2019s not hurting, it\u2019s not working\u2019 is fine if you\u2019re well-paid, unlikely to be laid off without a big pay-off, and hearing it from your personal trainer. Bu not if you\u2019re at the bottom of the pile and likely to be the first out, back on the street Cannon Fodder once again.<\/p>\n<\/div>\n

Read more here<\/a><\/p>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Full employment used to be a worthy goal. Surely if everyone who can work is working, we\u2019d all be happier and tax cuts really would be a way to Level Up. In America, however, those that supposedly know are saying that more unemployment is needed to bring down inflation.<\/p>\n","protected":false},"author":1,"featured_media":6359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[15],"tags":[94,1034,1052,435],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/6357"}],"collection":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/comments?post=6357"}],"version-history":[{"count":0,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/6357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media\/6359"}],"wp:attachment":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media?parent=6357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/categories?post=6357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/tags?post=6357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}