{"id":569265,"date":"2023-04-07T22:29:19","date_gmt":"2023-04-07T19:29:19","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/five-takeaways-from-a-strong-march-jobs-report\/"},"modified":"2023-04-07T22:29:19","modified_gmt":"2023-04-07T19:29:19","slug":"five-takeaways-from-a-strong-march-jobs-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/","title":{"rendered":"#Five takeaways from a strong March jobs report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2570bf90d3b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2570bf90d3b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/#Labor_force_participation_is_up_and_unemployment_for_Black_Americans_is_at_a_record_low\" >Labor force participation is up and unemployment for Black Americans is at a record low<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/#Decreasing_unemployment_slowing_wage_growth_are_good_news_for_the_Fed\" >Decreasing unemployment, slowing wage growth are good news for the Fed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/#The_Fed_may_have_more_room_to_pause_rate_hikes\" >The Fed may have more room to pause rate hikes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/#All_eyes_on_the_CPI_next_week\" >All eyes on the CPI next week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/five-takeaways-from-a-strong-march-jobs-report\/#Recession_risks_may_depend_on_the_actions_of_the_Fed\" >Recession risks may depend on the actions of the Fed<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p>Unemployment fell to 3.5 percent and the U.S. economy added 236,000 jobs in March as the labor market continued to show signs of strength, the Labor Department reported Friday.<\/p>\n<p>Wage growth <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to be cooling along with corporate profits, which are still way above their pre-pandemic levels, as inflation has been declining since the middle of last year.<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p><strong>Inside the jobs report:<\/strong> Unemployment declines to 3.5 percent as labor market shows strength<\/p>\n<p>The numbers are the latest sign that behind frazzled markets spooked by a recent spate of bank failures in the U.S. and Europe that prompted government interventions on both sides of the Atlantic, the U.S. economy is still in fundamentally good shape.<\/p>\n<p>Here are five takeaways from Friday\u2019s jobs report.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Labor_force_participation_is_up_and_unemployment_for_Black_Americans_is_at_a_record_low\"><\/span><strong>Labor force participation is up and unemployment for Black Americans is at a record low<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"933\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/6425b41ad784c7.02689273-e1680893393917.jpeg?w=900\" alt=\"\" class=\"wp-image-3925938\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/6425b41ad784c7.02689273-e1680893393917.jpeg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/6425b41ad784c7.02689273-e1680893393917.jpeg?resize=876,583 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>A hiring sign is seen in Downers Grove, Ill., Thursday, May 5, 2022. (AP Photo\/Nam Y. Huh, File)<\/sub><\/figcaption><\/figure>\n<p>Both the labor force participation rate and the employment-to-population ratio are at their highest levels since the coronavirus pandemic began in 2020. That\u2019s in line with the Fed\u2019s mandate of maximum employment.<\/p>\n<p>The U.S. civilian labor force increased by 480,000 to 166.7 million workers. The number of employed people as a share of the population that isn\u2019t in prison or the military is 60.4 percent, a 0.2 percentage point increase from last month.<\/p>\n<p>The labor force participation rate for prime-age workers between the ages of 25 and 54 has reached the highest level since January 2020 at 83.1 percent.<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>Meanwhile, the unemployment rate for Black Americans is at a record low at 5 percent, a fact that\u2019s drawing the attention of some lawmakers.<\/p>\n<p>\u201cThe March jobs report released today finds the lowest unemployment rate for Black Americans on record, and the highest prime-age employment-to-population ratio since mid-2001,\u201d Rep. Don Beyer, a member of the chief tax-writing Ways and Means Committee, wrote online Friday.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Decreasing_unemployment_slowing_wage_growth_are_good_news_for_the_Fed\"><\/span><strong>Decreasing unemployment, slowing wage growth are good news for the Fed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"787\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?w=900\" alt=\"Federal Reserve Chairman Jerome Powell\" class=\"wp-image-3928195\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=160,90 160w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=300,169 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=768,432 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=1280,720 1280w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=645,363 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=320,180 320w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=256,144 256w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=512,288 512w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=640,360 640w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=876,492 876w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=960,540 960w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/03\/powelljerome_030723gn24_w.jpg?resize=50,28 50w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>Federal Reserve Chairman Jerome Powell discusses his semiannual Monetary Policy Report to Congress before the Senate Banking, Housing, and Urban Affairs Committee on Tuesday, March 7, 2023. (The Hill) <\/sub><\/figcaption><\/figure>\n<p>Despite nine consecutive interest rate hikes by the Federal Reserve and one of the fastest monetary tightening cycles in modern history, unemployment remains near 50-year lows.<\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>The 236,000 jobs added in March are fewer than the 311,000 added in February and the 504,000 in January. But the downtick in the unemployment rate from 3.6 percent in February shows that the floodgates holding back a deluge of lost jobs are remaining in place amid warnings from lawmakers and economists.<\/p>\n<p>\u201cUnderscoring the stunning ability of the US labor market to outperform expectations, the last downside miss for [nonfarm payrolls] was with the March data a year ago, and that was not exactly much of a miss,\u201d analysts for Deutsche Bank wrote in a Friday note to investors.<\/p>\n<p>Meanwhile, slowing wage growth, which is bad for workers, is a welcome sign for the Fed as the central bank weighs further rate hikes to slow down the economy.<\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p>Wages rose 3.2 percent between January and March, down from 3.6 percent growth from December through February. Annual wage growth fell to 4.2 percent from 4.6 percent, off a high last year of 5.9 percent. Labor costs represent the largest component of prices, which has historically made them a key driver of inflation, though that\u2019s likely not the case now.<\/p>\n<p>The Fed lacks the legal power to lower prices through windfall profit taxes, price caps or other disciplining mechanisms, which are squarely in the realm of the White House and Congress. Instead, the Fed aims to tame inflation through the labor market, so falling wage growth levels may mean the Fed can take a pause on rate hikes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Fed_may_have_more_room_to_pause_rate_hikes\"><\/span><strong>The Fed may have more room to pause rate<\/strong> hikes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"5100\" height=\"3600\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?w=900\" alt=\"\" class=\"wp-image-3654878\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg 5100w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=300,212 300w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=768,542 768w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=1020,720 1020w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=1536,1084 1536w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=2048,1446 2048w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=645,455 645w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=50,35 50w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2022\/09\/AP20252574163329.jpg?resize=876,618 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>The Charging Bull statue is shown in New York\u2019s financial district, Tuesday, Sept. 8, 2020.  (AP Photo\/Mark Lennihan)<\/sub><\/figcaption><\/figure>\n<p>The chances of a 0.25-percentage point rate hike at the Fed\u2019s next rate-setting committee meeting in May are 67 percent, according to the Fed Watch tool from financial company CME Group. <\/p>\n<aside class=\"ad-unit ad-unit--mr5_ab\"><\/aside>\n<p>The March jobs data, however, may allow the Fed to assess the impact of its hikes thus far without adding more pressure to the economy.<\/p>\n<p>\u201cWhile the unemployment rate is still at historic lows, this morning\u2019s jobs report showed signs of cooling in the labor market,\u201d investment strategist Ben Vaske of Orion Portfolio Solutions wrote in an analysis. <\/p>\n<p>\u201cMore people have continued to enter the workforce, taking pressure off high job opening figures and inflationary wage growth. While inflation is still well above target, this month\u2019s lower CPI, lower PCE, and now cooler labor growth could provide a basis for a rate hike pause,\u201d he wrote.<\/p>\n<aside class=\"ad-unit ad-unit--mr6_ab\"><\/aside>\n<p>That would be the tenth rate hike in a row since the Fed started raising interest rates in March of last year. Some economists are calling for the Fed to stop.<\/p>\n<p>\u201cThe Fed\u2019s unrelenting rate hikes have been hammering away at the labor market. But workers are not to blame for rising prices and should not have to lose their jobs in the name of combating inflation, economist Rakeen Mabud of the progressive think tank Groundwork Collaborative wrote in an analysis.<\/p>\n<p>\u201cIf the Fed goes back to the well at the next FOMC meeting, they will only push our economy that much closer to a devastating and completely unnecessary recession.\u201d<\/p>\n<aside class=\"ad-unit ad-unit--mr7_ab\"><\/aside>\n<h2><span class=\"ez-toc-section\" id=\"All_eyes_on_the_CPI_next_week\"><\/span><strong>All eyes on the CPI next week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"933\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/91078270930e415ca7ba18c4e383db1d-e1678796931601.jpg?w=900\" alt=\"Cashiers process purchases at a Walmart Supercenter\" class=\"wp-image-3856854\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/91078270930e415ca7ba18c4e383db1d-e1678796931601.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/91078270930e415ca7ba18c4e383db1d-e1678796931601.jpg?resize=876,583 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>Cashiers process purchases at a Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. (AP Photo\/Eduardo Munoz Alvarez)<\/sub><\/figcaption><\/figure>\n<p>Inflation has been slowing despite a labor market that\u2019s refusing to quit.<\/p>\n<p>Whether the trend of declining inflation will continue in the face of a strong labor market will be seen next week with the release of the latest consumer price index (CPI) for March. Annual CPI fell from 6.4 percent in January to 6 percent in February after peaking at 9.1 percent in June.<\/p>\n<p>The steady decline of inflation without a big increase in unemployment has thrown many big name economists for a loop.<\/p>\n<p><strong>Road rage:<\/strong> New cars have become luxury items<\/p>\n<p>But following the initial supply disruptions that triggered higher inflation in the im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te aftermath of the pandemic, a picture of a \u201csellers\u2019 inflation\u201d is beginning to emerge: price hikes driven by companies in highly concentrated markets that have little incentive to lower their markups.<\/p>\n<p>\u201cWe argue that such sellers\u2019 inflation generates a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> price rise which may be transitory, but can also lead to self-sustaining inflationary spirals under certain conditions,\u201d University of Massachusetts economist Isabella Weber wrote in a recent paper.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Recession_risks_may_depend_on_the_actions_of_the_Fed\"><\/span><strong>Recession risks may depend on the actions of the Fed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1400\" height=\"933\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/26745e710c9c4eb28da42024652622ed-e1675432466830.jpg?w=900\" alt=\"\" class=\"wp-image-3840787\" srcset=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/26745e710c9c4eb28da42024652622ed-e1675432466830.jpg 1400w, https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/02\/26745e710c9c4eb28da42024652622ed-e1675432466830.jpg?resize=876,583 876w\" sizes=\"auto, (max-width: 899px) 100vw, 876px\"><figcaption class=\"wp-element-caption\"><sub>A worker passes a hiring sign at a construction site, Wednesday, Jan. 25, 2023, in Portland, Maine. (AP Photo\/Robert F. Bukaty)<\/sub><\/figcaption><\/figure>\n<p>Despite the fallout from recent bank failures and many prognostications of a recession this year, a recession may depend on choices made by the Fed.<\/p>\n<p>While much of the Fed\u2019s tightening has yet to be processed by the economy, if the central bank continues to add pressure, the chance of a recession increases.<\/p>\n<p><strong>Stay tuned:<\/strong> Banking crisis not over yet, Jamie Dimon warns<\/p>\n<p>The chances would also increase if bank failures, like the ones that brought down Silicon Valley Bank and Signature Bank earlier this year, continue to occur. A debt ceiling standoff in Congress that threatens a U.S. default later this year would also increase the chances of large-scale economic disruption.<\/p>\n<p>\u201cThere is always a danger of inflation expectations shooting up. But there are other dangers we face. Last month we learned that interest rate risks are real. Recession risks are too. The speed of the Fed\u2019s hikes is a critical factor in both risks,\u201d wrote Claudia Sahm, former Federal Reserve research director and founder of Sahm Consulting, in a Thursday analysis.<\/p>\n<p>She exhorted the Fed to \u201cpause.\u201d<\/p>\n<p>Sahm, who has a rule in economics named after her about the likelihood of recessions, told The Hill in an interview that the U.S. economy is not currently in a recession.<\/p>\n<p>\u201cThis was such a good report,\u201d she said. \u201cWe need to be careful, because as we\u2019ve seen in the past, once a recession gets going, it really gets going.\u201d<\/p>\n<\/div>\n<p>Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/business\/3939442-five-takeaways-from-a-strong-march-jobs-report\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unemployment fell to 3.5 percent and the U.S. economy added 236,000 jobs in March as the labor market continued to show signs of strength, the Labor Department reported Friday. Wage growth appears to be cooling along with corporate profits, which are still way above their pre-pandemic levels, as inflation has been declining since the middle&#8230;<\/p>\n","protected":false},"author":1,"featured_media":569266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/04\/construction-workers_boston_040723ap_economy-takeaways.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[117,134343,134353,134505,5069,134661,70550,142233,90482,74142,71525,91261,4965,5071],"class_list":["post-569265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-business","tag-campaign","tag-court-battles","tag-don-beyer","tag-economy","tag-energy-environment","tag-federal-reserve","tag-federal-reserve-rate-hike","tag-house","tag-jobs-report","tag-national-security","tag-recession","tag-technology","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/569265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=569265"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/569265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/569266"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=569265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=569265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=569265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}