Why Americans feel gloomy about the economy despite falling inflation and low unemployment
Why Americans feel gloomy about the economy despite falling inflation and low unemployment
apnews.com Why Americans feel gloomy about the economy despite falling inflation and low unemployment
Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
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Because those two metrics are meaningless for the average person.
Inflation is trending down... After it skyrocketed and is still way above affordable ranges.
Employment rates are high... But those jobs don't pay living wages.
Go check how much savings the average American has, check what an average doctor's visit costs, and then maybe you'll understand the gloom.
Median figures are more accurate and scarier than average.
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