After Friday’s disappointing update on the labor market in December, the debate about how to boost employment will take on an even greater import, if that’s possible, in the months to come. All the more so as this is a mid-term election year.
Inextricably intertwined in the debate over jobs is the question of when to raise interest rates. The two primary goals: nipping any future inflationary pressures in the bud without derailing the economy’s still-weak capacity for minting new jobs.