Why Big Tech Loves To Lay Off Workers : comparemela.com

“We have a strong economy,” Jerome Powell, chairman of the Federal Reserve, told Scott Pelley of 60 Minutes on Sunday’s broadcast. “Growth is going on at a solid pace. The labor market is strong: 3.7 percent unemployment. And inflation is coming down.” The interview was taped three days before it aired, depriving Powell of the opportunity to add that the economy created 353,000 new jobs in January. Powell might also have mentioned that Gross Domestic Product rose 3.3 percent in the last quarter

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