None
EN
Everyday Economics: Labor market is frozen: Deficits grow, the Fed still can't relax
['Orphe Divounguy', 'The Center Square Contributor']
Just The News - Not The Noise
The labor market isn’t deteriorating.
The foreign-born labor force is down about 550,000 from a year ago, and participation among native-born workers has softened as well.
This is not a healthy, expanding labor market.
The labor market is frozen.
Interest is now about 15% of federal spending, the second-largest function behind Social Security.