MCViewPoint

Opinion from a Libertarian ViewPoint

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

Tyler Durden's Photo

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: