{"id":22459,"date":"2026-06-07T23:28:25","date_gmt":"2026-06-07T23:28:25","guid":{"rendered":"https:\/\/lonecandle.com\/?p=22459"},"modified":"2026-06-07T23:28:25","modified_gmt":"2026-06-07T23:28:25","slug":"red-hot-labor-market-or-the-exact-opposite","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=22459","title":{"rendered":"Red-Hot Labor Market, or the Exact Opposite?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Unfortunately, the good jobs number isn&#8217;t as good as it seems. Inflation rose more than wages; many of the jobs are low-paying temporary jobs from the World Cup; and many jobs were young people taking care of old people, which while important ethically, don&#8217;t increase the productivity of the economy.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Red-Hot Labor Market, or the Exact Opposite?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/PaIIr7y3LN4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Unfortunately, the good jobs number isn&#8217;t as good as it seems. Inflation rose more than wages; many of the jobs are low-paying temporary jobs from the World Cup; and many jobs were young people taking care of old people, which while important ethically, don&#8217;t increase the productivity of the economy. <\/p>\n<p>https:\/\/www.youtube.com\/watch?v=PaIIr7y3LN4<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[217,165,1316,271,1139],"class_list":["post-22459","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-economics","tag-economy","tag-inflation","tag-jobs","tag-wages"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22459"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22459\/revisions"}],"predecessor-version":[{"id":22460,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22459\/revisions\/22460"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}