[HN Gopher] Why the Fed wants corporate America to have a hiring...
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       Why the Fed wants corporate America to have a hiring freeze
        
       Author : ushakov
       Score  : 12 points
       Date   : 2022-05-29 20:55 UTC (2 hours ago)
        
 (HTM) web link (finance.yahoo.com)
 (TXT) w3m dump (finance.yahoo.com)
        
       | kalupa wrote:
       | So, wealth is getting redistributed downwards because of
       | inflation. Am I getting that right?
       | 
       | Wouldn't want that to happen. </sarcasm>
        
         | s1artibartfast wrote:
         | I think that is really hard to say. Depending on where the
         | salary growth and demand is, it could easily worsen inequality.
         | 
         | If salary for white collar workers and inflation goes up too
         | much, employing blue collar work becomes unprofitable and those
         | workers get locked out of the labor market.
        
       | touisteur wrote:
       | I don't understand what's going on there. Could someone please
       | ELI5? Why is the labour market so hot in the first place?
       | Shouldn't we all be looking for better (as in actual market rate)
       | compensation?
        
       | anfilt wrote:
       | You need workers to make goods and service, deliver them ect...
       | 
       | If you freezing hiring thats just gonna cause shortages for
       | domestic goods and services.
       | 
       | Leading write back to higher prices...
        
       | bin_bash wrote:
       | What if someone gets laid off during this freeze? How long is
       | "short term"?
        
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       (page generated 2022-05-29 23:01 UTC)