Unemployment is close to a 50 year low. A strong labor market benefits workers. Can’t find workers? Maybe you should pay them more.

A strong labor market gives workers bargaining power. Good news for workers is often framed as bad news for the economy. Boo. The high rate of workers quitting, moving to better jobs, and getting raises is described as a sign of “overheating,” It's good. https://t.co/e0g6giADQV— Claudia Sahm (@Claudia_Sahm) May 23, 2022