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#fullemployment

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United States News Beep<p>Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025</p><p>Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…<br><a href="https://newsbeep.org/tags/NewsBeep" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NewsBeep</span></a> <a href="https://newsbeep.org/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>News</span></a> <a href="https://newsbeep.org/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://newsbeep.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://newsbeep.org/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStates</span></a> <a href="https://newsbeep.org/tags/UnitedStatesOfAmerica" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStatesOfAmerica</span></a> <a href="https://newsbeep.org/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> <a href="https://newsbeep.org/tags/BankIndonesia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankIndonesia</span></a> <a href="https://newsbeep.org/tags/BankofCanada" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankofCanada</span></a> <a href="https://newsbeep.org/tags/BankofEngland" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankofEngland</span></a> <a href="https://newsbeep.org/tags/BankofJapan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankofJapan</span></a> <a href="https://newsbeep.org/tags/Bloomberg" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bloomberg</span></a> <a href="https://newsbeep.org/tags/Business" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Business</span></a> <a href="https://newsbeep.org/tags/Canada" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Canada</span></a> <a href="https://newsbeep.org/tags/CentralBanks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CentralBanks</span></a> <a href="https://newsbeep.org/tags/fullemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullemployment</span></a> <a href="https://newsbeep.org/tags/globaleconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>globaleconomy</span></a> <a href="https://newsbeep.org/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JeromePowell</span></a> <a href="https://newsbeep.org/tags/LaborMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LaborMarket</span></a> <a href="https://newsbeep.org/tags/PresidentDonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PresidentDonaldTrump</span></a> <a href="https://newsbeep.org/tags/USFederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USFederalReserve</span></a><br><a href="https://www.newsbeep.com/us/155033/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">newsbeep.com/us/155033/</span><span class="invisible"></span></a></p>
Yonhap Infomax News<p>St. Louis Fed President Alberto Musalem said the US labor market is near full employment, but the Federal Reserve is still falling short of its inflation target, highlighting risks to both sides of the central bank's dual mandate.<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FederalReserve</span></a> <a href="https://mastodon.social/tags/AlbertoMusalem" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AlbertoMusalem</span></a> <a href="https://mastodon.social/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a> <a href="https://mastodon.social/tags/InflationTarget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InflationTarget</span></a> <a href="https://mastodon.social/tags/USLaborMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USLaborMarket</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=76345" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=76345</span></a></p>
Yonhap Infomax News<p>Atlanta Federal Reserve President signals robust labor market conditions, suggesting economy nears full employment despite ongoing policy challenges<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/AtlantaFed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AtlantaFed</span></a> <a href="https://mastodon.social/tags/LaborMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LaborMarket</span></a> <a href="https://mastodon.social/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a> <a href="https://mastodon.social/tags/EconomicOutlook" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicOutlook</span></a> <a href="https://mastodon.social/tags/MonetaryPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MonetaryPolicy</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=58722" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=58722</span></a></p>
Ramesh #NotGoingBack<p>⬆️ <span class="h-card" translate="no"><a href="https://mastodon.social/@RealJournalism" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>RealJournalism</span></a></span> </p><p>"Imagine a map with <a href="https://mastodon.social/tags/Montana" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Montana</span></a> and <a href="https://mastodon.social/tags/NorthCarolina" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NorthCarolina</span></a> and <a href="https://mastodon.social/tags/Indiana" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Indiana</span></a> in play. </p><p>Imagine <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> having to campaign in <a href="https://mastodon.social/tags/Alaska" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Alaska</span></a>. </p><p>Imagine downticket benefits of him traveling to <a href="https://mastodon.social/tags/Iowa" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Iowa</span></a>, <a href="https://mastodon.social/tags/Nebraska" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Nebraska</span></a>, &amp; <a href="https://mastodon.social/tags/Kansas" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Kansas</span></a>. We're gonna take House seats that <a href="https://mastodon.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Democrats</span></a> have ignored for decades…"</p><p>Also notable: <a href="https://mastodon.social/tags/Indianapolis" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Indianapolis</span></a> unemployment rate fell from 6.5% when <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> left office to 3.5% now.</p><p>Economists consider anything &lt; 4% as <a href="https://mastodon.social/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a>.</p><p><a href="https://mastodon.social/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KamalaHarris</span></a> <a href="https://mastodon.social/tags/HarrisWalz" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HarrisWalz</span></a></p><p><a href="https://flipboard.com/@axiosnews/axios-local-indianapolis-67jdftu7z/-/a-Fx5ud8chSoWMDxsjVRh2BQ%3Aa%3A2150299410-%2F0" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">flipboard.com/@axiosnews/axios</span><span class="invisible">-local-indianapolis-67jdftu7z/-/a-Fx5ud8chSoWMDxsjVRh2BQ%3Aa%3A2150299410-%2F0</span></a></p>
In Search of a Better World<p><span class="h-card" translate="no"><a href="https://mastodon.net2o.de/@forthy42" class="u-url mention">@<span>forthy42</span></a></span> <span class="h-card" translate="no"><a href="https://gruene.social/@jon" class="u-url mention">@<span>jon</span></a></span> </p><p>No driverless trains! For both safety, and <a href="https://mstdn.social/tags/FullEmployment" class="mention hashtag" rel="tag">#<span>FullEmployment</span></a> reasons. Every train should have at least one Driver, ticket taker, and security guard. Every train.</p>
Ian Stuart<p><span class="h-card" translate="no"><a href="https://freeradical.zone/@babakofi" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>babakofi</span></a></span> I really think the answer is somewhere in between. Are democrats trying to portray the <a href="https://mastodon.social/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> in the most positive light? Absolutely. Have alot of people been left behind economically? Yes.</p><p>Let’s demand better: </p><p>Policies such as increasing interest rates hurt ordinary people; we should be breaking up monopolies and oligopolies to fight inflation instead!</p><p>4% unemployment? We should aim for <a href="https://mastodon.social/tags/fullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullEmployment</span></a> !</p><p>Also we should raise the national minimum wage!</p>
Cory DoctorowLong thread/5
Ian Stuart<p><span class="h-card" translate="no"><a href="https://mastodon.social/@PensiveTM" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>PensiveTM</span></a></span> Little has been done to help the poor. If the poor were the highest concern we wouldn’t have risen <a href="https://mastodon.social/tags/InterestRates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InterestRates</span></a> so high… instead we should be using <a href="https://mastodon.social/tags/antitrust" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>antitrust</span></a> laws to break up <a href="https://mastodon.social/tags/monopolies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>monopolies</span></a> and <a href="https://mastodon.social/tags/oligopolies" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>oligopolies</span></a> (cartels) to fight inflation…</p><p>Instead of settling praising our 4% unemployment we should be fighting for <a href="https://mastodon.social/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a> .</p>
Ian Stuart<p><span class="h-card" translate="no"><a href="https://glammr.us/@othemts" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>othemts</span></a></span> US wealth and income inequality in the US hasn’t been this high in the past 100 years. Most of the benefits of technological improvements in the past 50 years have just gone to the rich. It’s good that unemployment hasn’t been too high but we ought to be fighting for <a href="https://mastodon.social/tags/fullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullEmployment</span></a> (yes, there are jobs but not everyone can work any location, and trade, any shift, etc; also, many people face obstacles on account of having disabilities).</p>
Ian Stuart<p><span class="h-card" translate="no"><a href="https://neurodifferent.me/@loops" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>loops</span></a></span> A lot of <a href="https://mastodon.social/tags/employers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>employers</span></a> <a href="https://mastodon.social/tags/discriminate" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>discriminate</span></a> against people with gaps in <a href="https://mastodon.social/tags/employment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>employment</span></a> (which in my opinion IS <a href="https://mastodon.social/tags/discriminatory" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>discriminatory</span></a> against people with <a href="https://mastodon.social/tags/disabilities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>disabilities</span></a> ). Not sure if you are in the US but even though we have lower <a href="https://mastodon.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> , 3.6% still leaves many un able to find work building up <a href="https://mastodon.social/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a> . <a href="https://mastodon.social/tags/USIncomeAndWealthInequalityHasSurpassedA100YearHigh" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USIncomeAndWealthInequalityHasSurpassedA100YearHigh</span></a> . We should be demanding <a href="https://mastodon.social/tags/fullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullEmployment</span></a> .</p>
Ian Stuart<p><span class="h-card"><a href="https://mastodon.world/@newsviews" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>newsviews</span></a></span> I’m glad that there has been <a href="https://mastodon.social/tags/jobGrowth" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobGrowth</span></a> .</p><p>That being said 3.7 percent <a href="https://mastodon.social/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a> is still too high as far as I am concerned. That’s 1 in 27 out of work and actively looking for work. Everytime someone is unemployed they likely are accumulating <a href="https://mastodon.social/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a>. We should strive for <a href="https://mastodon.social/tags/fullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullEmployment</span></a>. </p><p>Just because there are jobs available doesn’t mean those jobs are accessible to people that need them (not everyone can work any trade,shift, location).</p>
Ian Stuart<p><span class="h-card"><a href="https://zirk.us/@ChrisMayLA6" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>ChrisMayLA6</span></a></span> It is not that a <a href="https://mastodon.social/tags/MinimumWage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MinimumWage</span></a> does not help. I think that having a progressive minimum wage is one tool of many that can help those struggling the most. In addition to a strong minimum wage a country could also have strong <a href="https://mastodon.social/tags/laborLaws" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>laborLaws</span></a> and good <a href="https://mastodon.social/tags/antiTrustEnforcement" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>antiTrustEnforcement</span></a> (to foster price competition and limit <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a>). Furthermore, countries should support policies and regulations support <a href="https://mastodon.social/tags/fullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullEmployment</span></a> .</p>
Ian Stuart<p><span class="h-card"><a href="https://mastodon.online/@MarvinFreeman" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>MarvinFreeman</span></a></span> “Rank calls for a significant increase in the federal minimum wage and the earned income tax credit. He also calls for grass-roots advocacy and labor unions to reduce inequality.”</p><p>Plus we need policies that support <a href="https://mastodon.social/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a> , stronger <a href="https://mastodon.social/tags/EEOC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EEOC</span></a> and <a href="https://mastodon.social/tags/ADA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ADA</span></a> laws, and the willingness to use <a href="https://mastodon.social/tags/AntiTrustLaws" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AntiTrustLaws</span></a> to breakup <a href="https://mastodon.social/tags/MonopoliesAndCartels" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MonopoliesAndCartels</span></a> to properly <a href="https://mastodon.social/tags/fightInflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fightInflation</span></a> . </p><p><a href="https://mastodon.social/tags/poverty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>poverty</span></a> <a href="https://mastodon.social/tags/inequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inequality</span></a> <a href="https://mastodon.social/tags/SevereInequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SevereInequality</span></a> <a href="https://mastodon.social/tags/SocioeconomicStratification" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SocioeconomicStratification</span></a> <a href="https://mastodon.social/tags/EliminatePoverty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EliminatePoverty</span></a></p>
I Voted for McGovern<p>It looks like the Fed is going to have to try a little harder? <br /><a href="https://mstdn.social/tags/FederalReserve" class="mention hashtag" rel="tag">#<span>FederalReserve</span></a> <br /><a href="https://mstdn.social/tags/fullemployment" class="mention hashtag" rel="tag">#<span>fullemployment</span></a> <br /><a href="https://mstdn.social/tags/Jerome" class="mention hashtag" rel="tag">#<span>Jerome</span></a></p>
Cory Doctorow<p>The US Federal Reserve has two imperatives: keeping <a href="https://mamot.fr/tags/employment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>employment</span></a> high and <a href="https://mamot.fr/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> low. But when these come into conflict - when unemployment goes zero-ish - the Fed forgets about <a href="https://mamot.fr/tags/FullEmployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FullEmployment</span></a> and cranks up <a href="https://mamot.fr/tags/InterestRates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>InterestRates</span></a> to "cool the economy" (that is, "to destroy <a href="https://mamot.fr/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> and increase <a href="https://mamot.fr/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>unemployment</span></a>").</p><p>If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:</p><p><a href="https://pluralistic.net/2023/01/19/creditors-vs-workers/#finance-colored-glasses" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">pluralistic.net/2023/01/19/cre</span><span class="invisible">ditors-vs-workers/#finance-colored-glasses</span></a></p><p>1/</p>
AusMMT<p>Unemployed + Underemployed<br>1+4<br>2+3<br>3+2<br>4+1<br>5+0 (and this unlikely one would make 5% unemployment full employment true but no one underemployed would be terrific) <a href="https://mastodon.social/tags/fullemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullemployment</span></a> <a href="https://mastodon.social/tags/econ" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>econ</span></a></p>
AusMMT<p>A 🧵on my 💭s &amp; influences</p><p>Let's start with my definition of <a href="https://mastodon.social/tags/fullemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>fullemployment</span></a> </p><p>Full Employment: when aggregate spending is sufficient to elicit output levels, which at current productivity levels will provide enough jobs (measured in working hours) for all the workers who desire to work and all who want to work <a href="https://mastodon.social/tags/econtwitter" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>econtwitter</span></a> <a href="https://mastodon.social/tags/econ" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>econ</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a></p>
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