Strange transformations in the U.S. labor market are on the way
While inflation in the U.S. remains significant and the Federal Reserve raised interest rates in hopes of controlling the growth rate and starting its decline, to make money more expensive in the U.S. and slow down the money cycle, policymakers at this organization hoped to reduce the power of the labor market. It seems that the Federal Reserve has been successful in curbing the shocks of the labor market.
If the reduction in the offering of new job positions and some significant layoffs in large companies was promising for the Federal Reserve, Christmas and the major shopping period of Americans arrived, and astonishing job positions in various companies from production to distribution have opened up. In particular, distribution companies and large retailers have offered jobs at various levels with astonishing salaries, benefits, and perks in a highly competitive hiring environment. In some cases, wages of thirty dollars per hour have been proposed, alongside a few thousand dollars in entry bonuses.