Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

Why Americans feel gloomy about the economy despite falling inflation and low unemployment

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Why Americans feel gloomy about the economy despite falling inflation and low unemployment

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.

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dangblingus@lemmy.world
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1 year ago
The unemployment is low because people have a gun to their head. Inflation is falling, but it’s not zero, therefore everything is still getting more expensive.

eCoNoMiCs.

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