Ratio Of Full- And Part-Time Workers Spells Inflation Peak
Posted by M. C. on August 22, 2022
Getting that full time job is getting tougher thanks to your congress and the Fed.
https://www.zerohedge.com/markets/ratio-full-and-part-time-workers-spells-inflation-peak
BY TYLER DURDEN
SUNDAY, AUG 21, 2022 – 10:00 PM
By Vincent Cignarella, Bloomberg markets live commentator and reporter
Is the US at full employment and we just don’t know it yet?
The ratio of full-time workers to part-time workers is at a near 20-year high. It may be turning, and a drop in the ratio may spell peak inflation as companies adjust to cut costs. That’d mean a better environment for stocks and bonds going forward.
If the ratio falls, it likely means companies are either looking to replace higher paid full-time workers with less expensive part-time employees or they are seeing declining sales. Either way, it is a sign of rising costs and an attempt to lower them or a slowing economy.
Both scenarios could prompt a Fed pivot. A slowing economy and peaking inflation are the signs the Fed needs to see in order to pause rate hikes.
Be seeing you
MCViewPoint 
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