Birdwatch Note Rating
2022-12-11 01:53:25 UTC - HELPFUL
Rated by Participant: 71C6DEB91C10C6553D04AB5A52809950F16F61701BF3126F67A039434CF04A2D
Participant Details
Original Note:
Labor force participation rate remains 1% lower than 2 years ago. https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm GDP (the economy) grew in 3Q 2022 but fell in Q1 & Q2. Last 3 years shown at https://www.bea.gov/news/2022/gross-domestic-product-second-estimate-and-corporate-profits-preliminary-third-quarter Wage growth (2.2%) > Inflation (0.2%) only over the last quarter. Over the last two years: Wages (7.2%) < Inflation (14.0%). https://www.bls.gov/news.release/wkyeng.t01.htm & https://www.bls.gov/data/inflation_calculator.htm
All Note Details