Birdwatch Note Rating
2022-12-11 16:03:30 UTC - HELPFUL
Rated by Participant: 72B878A85E093066CF6450C60E75E462B5EC1269CC151C2EDD5F5B96C28D6220
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