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Unhedged — Immigration and unemployment
Buzzing ratingBUZZING· 83%19m·2024-09-26·Money

Immigration and unemployment

Unhedged

When discussing the economy after the interest rate cuts last week, chair of the US Federal Reserve Jay Powell made an interesting comment about jobs numbers and immigration. “If you are having millions of people come into the labour force, and you are creating 100,000 jobs, you’re going to see unemployment go up,” he…

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