Up Next

ki-logo-white
Market-Based Solutions to Vital Economic Issues

SEARCH

Kenan Institute 2022 Annual Theme: Stakeholder Capitalism
ki-logo-white
Market-Based Solutions to Vital Economic Issues
News & Media
Jun 6, 2022

NYT: Hiring Strong Even as Fed Tries to Ease Inflation

The Federal Reserve’s attempts to cool down the economy are not yet affecting hiring, as jobs numbers show a 17th straight monthly gain, The New York Times reported. “It’s a challenge, because they want to pull people into the labor force. They know the way to do that is through higher wages,” institute Chief Economist Gerald Cohen told the Times. “But higher wages can also breed higher inflation.”

You may also be interested in: