Strange shifts in the U.S. job market are on the way
While inflation in the U.S. remains significant and the Federal Reserve raised interest rates with the hope of curbing growth and starting to lower it, making money more expensive in the U.S. and slowing the money cycle, policymakers of this organization hoped to reduce the job market’s strength. It seems that the Federal Reserve has been successful in curbing the job market’s momentum.
If the reduction in new job listings and some significant layoffs in large companies were promising for the Federal Reserve, Christmas and the major shopping season for Americans arrived, and astonishing job openings in various companies from production to distribution have emerged. Specifically, distribution companies and large stores, in a fierce competition over hiring jobs at various levels, have offered astonishing wages and benefits. In some cases, wages of thirty dollars per hour have been proposed, along with a job entry bonus of several thousand dollars.