ALFREDO ORTIZ: Bidenomics Is Pouring Cold Water On The Labor Market

friday’s employment Bidennomics and Bidenflation show that the labor market is softening. Only 187,000 jobs were created last month. That was lower than expected, 40% below the 12-month average and the lowest level since the pandemic. Last month’s employment growth was also revised down significantly, fading the luster in the recent jobs report. Average wage […]