Evidence for: The unemployment rate remained below 4.0% from January 2022 through December 2023 despite rate hikes.

0 · asserted by ◎ stannebraska (329) · 7 months ago

The vote is on the link: is “Payroll employment increased by 6.2 million jobs between January 2022 and Decem…” good evidence for the claim?

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the evidence

Payroll employment increased by 6.2 million jobs between January 2022 and December 2023.

Continued job growth during monetary tightening indicates the economy absorbed rate increases while inflation declined.

◎ stannebraska (329) · 7 months ago
the claim

The unemployment rate remained below 4.0% from January 2022 through December 2023 despite rate hikes.

The Fed achieved inflation reduction without triggering a recession or significant job losses, suggesting effective policy calibration during this period.

◎ stannebraska (329) · 7 months ago

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