of labor by gender. he puts more and more of the agricultural work and the fieldwork and the responsibility of enslaved women and more and more of the enslaved men working as artisans and craftsmen it is a very carefully constructed program to take the labor that he had the enslaved labor and to apply it to new kinds of farming. washington understood what he was trying to do was unprecedented. certainly, he was not going to get any advice or suggestions from the british agricultural that he read. he devises a new type of supervision that was enslaved, it is original to him. it allows him to supervise much more closely than he ever had before. he devices these weekly worker reports. they eventually are kept in the format of booking format. even though there is no money. not knowing the monetary values recorded but rather each plantation in indebted for the number of labour is they had and then credited for the work that those labor did over the course that they did. he received these every week. they woul

a new kind of specialization of labor and and it's a specialization of labor by gender. he puts more and more of the agricultural work the field work on responsibility of the enslaved women, whereas more and more of the enslaved men are working as artists and craftsmen, but it's a very carefully constructed program to to take the labor that he had it on firm in the slave labor and to apply it to new kinds of farming washington understood that what he was trying to do was unprecedented and certainly he was not going to get any advice on our suggestions from the british agricultural treatises. he wrote i mean that he read and he devises a new kind of supervision of the enslaved. is original to him and it allows him to supervise labor much more closely than he ever had before. he devises these weekly work reports which eventually are kept in the format of of bookkeeping formatted even though there's no money. i mean transferred not know a monetary values being recorded but rather each plantation is in rec is indented for the number of flavors. they had and then credited for

but labor. it is a specialization of labor by gender. he puts more and more of the agricultural or fieldwork responsibility on enslaved women. where is more and more of the enslaved men are working as partisans and craftsman. it is very carefully constructed program to take the labor that he has at mount vernon and to apply it to new kinds of farming. washington understood that what he was trying to do was unprecedented and certainly he can get any advice or suggestions from the british agricultural treaties that he read. he devices a new kind of supervision of the enslaved. it is original to him and it allows him to supervise much more closely than he has ever before. he devises these weekly work reports which eventually are kept in the format of bookkeeping, even though there is no money being transferred, no monetary value being quoted. but rather, each plantation is indebted for a number of labor's. they had it credited -- he would see these every week, usually prepared on a saturday. from 1

with the labor data.s you see yields go higher, the dollar stronger, you are seeing a little muted volatility perhaps specifically in the bloomberg commodity index. reacting broadly to the stronger dollar story. at the end of the day, oil and copper in the green. we will get into that later in the show. for now, some breaking news coming from across the atlantic. a crucial moment when it comes to the ecb saying they should aim to reach the terminal rate by the summer. i want to bring an michael mckee attempt digest all of the information. talk to us about what this headline means. is there a consensus? mike: there is a consensus at this point -- >> it looks like we are losing mike mckee but we will bring him back in just a moment. these headlines are in fact coming. he is saying some of these headlines or miller road excuse me is saying you are starting to see this terminal rate get hit into the summer. if you look at some of the pricing we are seeing in the options market, specifically what the european

the tech story is tangible but it is not a labor economy. >> labor market data this week has been tech from after tech from announcing what we have gotten used to over the last 12 months with his job comes -- which is job cuts. >> wire people not listening to the labor market data more, when fed officials are saying that is what matters to them? the charts i am watching say that fed fund rates and where the market is pricing in the terminal rate. as gotten to 5%. but it is nowhere near where all the fed officials are saying we are going to get to. >> we have a full gallery. what is a. >> a lot of people are shrugging that off with there's not much difference. as a generation rate of 5.1. airtight about 5.4. >> is there a difference? >> my good friend james bullard says one thing yesterday. hours later, he said a different thing. they go with the wind. at least kashkari has been dovish. he's been dovish. he is at 5.4. >> that's dovish. >> compared to others? yes. others are out in the high-fives and people are warbling about seven as they move the market on 7%. >> ok. i'm going to turn

ok, the statistics of the statistics center for the autumn season of 1401 about the state of the laborce in the country have been revised to implement these statistics, independent of the existing employment policies , we will measure macroeconomic indicators in the country using standard methods, one of which is statistics the labor force is all over the province of the country, which is to all the loved ones who are working in this work and in the statistics, if the families are in contact, to identify that the macro economy and the amount of human capital and human power used should be measure the minimum amount contributed to the gdp, which ends by measuring the minimum work that has been done and has been effective in this gdp if a person has worked as a contributor in this minimum category that has been considered. it can be, and if it is, it is fine and the opinion is busy let's assume that he worked 44 hours a week, it is possible to do it every day, and what is the definition of this statistic now that one hour of economic activity has been in the added value of the country ,

labor laws. to succeed. she would have to overcome opposition from the courts business labor unions and conservatives. nothing like this has ever been done in the united states before she said, you know that don't you? the man sat across from her and his wheelchair amid the clutter of boxes and rumpled rugs soon. he would head to washington dc to be sworn and as the thirty-second president the united states. he would inherit the worst economic crisis in the nation's history. an era of rampant speculation had come to an end. the stock market had collapsed rendering investments valueless. banks were shutting down stripping people of their lifetime savings. about a third of workers were unemployed wages were falling hundreds of thousands were homeless. real estate prices had plummeted and millions of homeowners faced foreclosure his choice of labor secretary would be one of his most important early decisions. his nominee must understand economic and employment issues but be equally effective as a co

not that to participate course i was in the class on the participation of people from the labor market in 2017 after corona and after returning to normal conditions, there was an increase of 82% in the participation of people compared to the same period last year. labor force and census of iran statistics center and let's talk about the process of the 13th government. here's an overview of where we are now in the program and how many and how much of these programs have been implemented, but before that, let us receive your answer. let's see the context, we will be at your service to prevent it in the relationship, they proposed to give you the license for 200 million tomans to 2 billion tomans and remove the golden signatures instead of getting a car wash with the aim of creating stable employment in the country. launching the national portal for business licenses. a serious development in the employment of the country was created. received the production unit directly for 10 people, created employment and entrepreneurship, labor cooperation and social welfare by setting up and updatin

you are an employee form of labor relations, well, when you leave your job. we have not only the date of dismissal, but at the same time we see the reason for the dismissal of this citizen, if we talk about the rhythm of filling our database itself, then from april 22. it has also undergone a certain change, if previously we saw the movement of labor resources only once a quarter, because it is an employer these details were filed on a quarterly basis. right now, only in electronic form, as of today, from april 1, 22 . e changes have been made and we began to receive this information in fact in real time. well, you have such a fund. a huge database of information about those people who work, and the person himself is working. can somehow use this information to look. well, even here is your average annual earnings or daily earnings, or other information for today. there is a traditional way to personally contact any territorial body of the fund, in this case , the subject will present identification documents to fill out an application and receive an extract

the government is now announcing new labor laws. it claims will give workers a break, but will it really change things? and celebrating this weekend, lunar new year away from home, d, w, visit some long exiles in taiwan. plus the malaysian female fighter who has vested men and women in the ring. her name is phoenix, and she is definitely rising. ah, i melissa chan, thanks for joining us. well, in south korea, people work a lot. that's pretty much an understatement. more than 18 percent of koreans work more than 50 hours a week and anecdotally the hour seemed to be much, much worse in an attempt to shake up the work life balance. the government is set to announce a labor reform bill next month, which it says will give workers more flexibility, though tired workers are not sure how much it might help. what's on the lunch menu for office workers in sol, typically 40 winks at an epic cafe, where overworked office staff can have a rest. so she'll, as i took a took, i usually take a nap during lunch time. i can't get enough sleep or as i

now the department of state labor inspectorate will take care of everything.atly speed up, then simplify the process and reduce the time. uh, paying back wages. well, then, let's admit, honestly, the employee does not always have time and knowledge to pass. well, a rather complicated formal procedure, starting there from writing a statement of claim, participation in court hearings and so on the document will enter into force 3 months after its official publication. then it will be possible to say how effective the new mechanism has become for protecting the rights of workers, anton malyuta and dmitry garkushev are the sphere of interests. this area of ​​interest gave current exchange rates and investments in the great stone of one hundred residents a total of 20-22. well, what will we tell you after a short advertisement? acquaintance with amazing people and immersion in their profession to work in the belarusian state archives. i realized that this is probably the fate of the treadmill. as you can see, what moves on it is here experimental animals students a

report, still a strong labor market and we are not yet seeing a significant tightening in labor marketsrom this significant markets in interest rates. it may also point to a lack of sensitivity outfit obvious candidates. lisa: i am looking at the market reaction and you can see yields significantly lower on the front end. down to 4.4% it's nothing to write home about considering some of the volatility we have seen but would you lean against this? it's nothing more particularly than shocking to go against her people think in terms of a hawkish fed and if they're going to hold rates at 5%. >> i don't think you can read too much in today's report as i said it's mixed it's got a little bit of everything or else it would've been something for every point of view. i think you stare really closely at some of the data there is a suggestion here that the consensus view on the good side may be mind a little bit. i wouldn't read too much into that. i think they are a mixed message. >> if you are joining us joe wiebe rosenberg with this. we continue with a look at the market futures up to 47 it is

this labor market doesn't have enough people participating.s we need skilled workers. we need to get people back to work. there is a demand certainly when you look at 10.5 million jobs, so there are a lot of good indicators that labor market is going to be resilient, on it is not going to slow down, i do think excellent points were made about the shift maybe going to more small to medium sized and it said exactly that. if you looked at where all the job growth was, all the jobs that were created many that report were in companies that had 500 or less employees. the employers that had 500 or more lost 151,000 jobs. so maybe that's a trend that we need to look at, and maybe that's some of the shift we will see in the economy. jackie: i think that is a good point in addition to all the other points as well. steve moore, watching the futures, up 344 on the dow, so the market initially popped, hen it came back down, now it's indicated higher. listen, we haven't even opened yet, i know a lot could change before 4:00, but how do you think wall street

francis perkins, she spent 12 years in labor. it drew a big laugh on the bus, i have to say i love to. it is a funny joke. but i felt a little bad that i laughed and i remember her name. and then, i noticed over the years past, over the 20 years that i spent at the washington post, that i kept hearing her name, it was like a distant echo. in all the issues we covered, news developed around things like workplace pools, workplace discrimination, and funding social security. i heard again and again about what francis had done to establish this program and that program. i began to be very surprised that i knew so little about her. so few others did as well. i also became increasingly amazed by what she had accomplished as i observed events in washington d. c. over the 20 years. i started to see how difficult it is to get progress simply by legislation. the lobbyists who controlled the brains of power figure out ways to bottle up most things from happening. even when it is obvious that there is a crisis route looming. i witnessed this

what will crack the labor market if anything? the last couple days focus on the tech sector and amazon announcing tens of thousands of job cuts and a number of u.s. tech players are reducing head count. how much of a debt ant will the layoffs in the tech affect it? >> that is a big question mark in the labor market going to believe in that slowdown is it going to believe differently from what we have seen historically? possibly i think companies realize they were a bit too quick laying off people after that, it was hard for them to hire them back. you know, that may change their behavior in this slowdown. what will crack the labor market, eventually, i think, is lower profits. the market is not pricing in that yet consensus is still looking for a small increase in profits this year which is optimistic if you look at leading indicators, they are pointing toward a decline in profits. probably something around 10%. when those profits numbers deteriorate, yeah, it would be a tradeoff for companies between making savings, but also mak

what labor it left a government you're an appointment in two days. one does the prime minister expect to get back to that? >> mr. speaker, when it comes to waiting list we've already eliminated your waitlist from last year we are on track this spring to eliminate those waiting 18 months to go further to limit those waiting 52 weeks by next spring. and, we are doing that with the record funding, more community diagnostic centers, more surgical and more patient choice. so that is why, mr. steger, i've made tackling wages one of my priorities. what are his? they seem to change every single week. but first he was against outsourcing. now he is apparently in favor of it. it is inconsistent, unprincipled. >> order, order. could be reminded prime minister. [inaudible] >> thank you mr. speaker. i heard the primitive say snout registered with a doctor. he was soon enjoyed the experience of waiting on hold every morning at 8:00 a.m. to get a gp appointment. i should tell those that are waiting out did not want another round of empty promises are boasting about

the phrase fort i love is a static labor. the idea you've got to look at the parts. the aesthetic labor and employer wants to hire you, keep you on because you match the brand, the thing they are trying to sell. this is in a chapter about restaurant workers this is especially important for women. even more so than, for men which is also staying in the case of henry. even more for women who are expected to look the part. so what often happens in these cases is the women are moved from front of house jobs like serving tables and bartending to back of house jobs working in the kitchen, they are behind the scenes as they do not meet the criteria for how they are supposed to look anymore. that kind of discrimination has real consequences for the back of house jobs tend to be less well-paid in the front of house jobs. song even though these people ae continuing to work, continuing to do their job or to do a job they are working for lessss and less pay. it's also really important to say that age discrimination, although it has particularly serious consequences for the worke

labor market. if the labor market holds up and the market looks good, we are going to have -- it's another trajectory that the bears are off. it goes something like this. will the economy and stocks diverge? could you have an earnings recession without an economic recession? can you have a bear market and a soft landing. these are the things we need to figure out. mike mckee is with us to figure out the question. from a market perspective, they are anticipating we will see earnings hits at some point. the timing question is the real factor. let's go to the question of the day. if the employment situation holds up, what happens in the margin story? what happens to the bottom line? can we get that with a soft landing? >> the answer is yes. that is because of a function of what we've seen in the last two or three years. if you have a bad economic news, it is good news for the market because of what the federal reserve is going to do. i think the big nuance this time is something our intelligence strat

and there again during labor during the heat of labor right the pain of labor be pressured to sign on to a sterilization but as commonly or even more commonly a doctor would just simply do the sterilization without permission. many people were not told that they were sterilized until they were released from the hospital. fannie lou hamer who's a very famous civil rights activist who will talk about later in 1965. she claimed that 60% of the women who came out of her local mississippi hospital had all been. realized they became so common that people locally called them mississippi appendectomies. they were that common just like removing your appendix. this happened all over the country and really it doesn't end in the 50s. it escalates into the 60s and 70s and in fact, you have this become so much a part of the experience of reproductive healthcare for women of color that it affects women. who were too young to even get pregnant you have young women who are sterilized as young as 12 and 14 because doctors imagine they will be unwed unwed mothers in the future. and as i said this really

this is definitely not a violation of labor discipline and does not entail any consequences.ut if the employee understands that deadlines are burning somewhere and the nerves of colleagues enter the position of the employer and agrees to interrupt the vacation in the future, he has three options. the first is to take a walk in the current working year; the second is to stick an unfinished piece to the vacation of the next working year; the third is to take compensation in money. in any case, the amount of vacation pay will have to be recalculated, because she will change. compensation for unused vacation is launched in three cases, the first, if the employee simply decided to take the benefit with money, the second, if he was recalled from vacation, the third upon dismissal. at the same time , a person who continues to work can take compensation only for a vacation period in excess of twenty-one days, that is, 21 days. he needs to really rest. the rest can take money. for example, you have a vacation of 24 days plus four days of a bonus under a collective agreement for a tota

if you look at other parts in the labor market, hospitality, labor market, health care. these have lost hundreds and thousands of workers during the pandemic who have never came back. it is like quick rate is still high -- quits rate is still high. parts in the market is playing catch-up with all of the dislocation what has happened in the pandemic. we appreciate it. jonathan: tk, can you make sense of that? tom: i think it is a number of things. i am fascinated how bullard recalibrate. the job market is so strong you need a 7% rate to begin to adjust it. that is large reach for me. jonathan: the distance between three and a half and four and a half is a lot of hard work. jonathan: especially because of the structural tightness in the labor market. we were talking about how the older and younger workers may not come back. jonathan: jobless claims coming up at 8:30. then onto payrolls. we come to the first week of the year. tom: i do not remember 20 30 years ago. i took the tree down. jonathan: next year we are getting a fake one. tom: i am like him i am coming through, i

how did the labor market react to the full-scale russian invasion? in february 22, when it began, before the invasion began, the work.ua website was more than 100 thousand vacancies, and when the invasion began in march, this number of vacancies fell 15 times to six thousand vacancies , that is, the decrease was very significant on the side of the searchers, it happened on the contrary to the growth of their activity, and the number of responses to vacancies increased fivefold, but during the spring, summer and autumn and by winter the market was balanced, the number of vacancies gradually increased, and currently it is already half of the pre-war level, while the activity of searchers, on the contrary, decreased and decreased about four times, but it is still not er, the pre-war level and the labor market still belongs to the er employer, i'm here rather than 6,000 vacancies remained even when the rockets were the first to fall on er ukrainian cities. that is , we employers were so optimistic that we believed that ukraine would fight back. i remembe

the labor market is strong and businesses are holding labor. it is just going to take a while for the cracks to show up. maybe they are showing up, but an aggregate basis with the unemployment rate at 3.7, the fed, which i thought was stunning in their forecast and december, it would rise to 4.6. that is the tolerance fan. they need the unemployment rate to go up, so that will require multiple negative payroll numbers. we think we are far from that, so the fed to come our view, it is five .25. really, it comes down to timing. if they're going to hike, with 50 in february, they are going to downshift to 25. what do they do in may? we think other 25 june. is that enough in the economic data to make them stop? or do they go another 25? that is the argument for going above it they can get there, stay there, and it is also ongoing which i think matters a lot. the real rates are high. i do think the economy is going to slow down. we are calling for a recession and the third quarter, but with inflation high, wages high, it will struggle to respond in

there, again, during labor and during the heat of labor, the pain of labor, she would be -- pressured to sign on to sterilization. even as commonly, more commonly, a doctor would just do the sterilization without permission. many people were not told that they were sterilized until they were released from the hospital. she is a famous human rights activist. in the 1960, five she claimed that 60% of the women who came out of her local mississippi hospital, had all been sterilized. they became a so common that people, locally, called them mississippi apendectimies. it is just like removing your appendix. this happened all over the country. it does not end in the 50s. it escalates into the 60s and 70s. in fact, you have this become part of the experience of reproductive health care for women of color, that it affects women who were too young to even get pregnant. you have young women who are sterilized as young as 12 and 14. doctors, imagine they will be unwed mothers in the future. this really affects black women, latinos, and natives. the indian health service is one of these agencies

especially skilled labor. are you seeing this in your area? show less -- >> yes it is been a challenge for about six or seven years now. it's a combination of a lot of things. one at least in the construction side for decades, we've told the students stay out of construction, go get a college degree, get ahead in life, so we've steered people away. additionally, with covid when it hit and unfortunately unemployment benefits that were added, it was a negative impact. i had an electrician friend of mine offering jobs to electricians but they were getting paid for unemployment and they refused to work for him while those benefits were in place. now i believe those unemployment benefits were a good thought. unfortunately had a negative impact to our industry where we had a huge need for labor. >> i will yield back. thank you very much for the testimony. >> now we recognize the gentleman from nebraska for five minutes. >> thank you mr. chairman. i mentioned this in my introduction but i'd like to reiterate how plea

because really cut into women's labor force participation.that's what the research shows think a site is price the freedom of caregiving it makes it harder for you to work the job. it makes it harder for you to work as many hours, even if you do continue to work. it makes it harder to work as many hours as you might otherwise work. it really cuts into women's employment during those years. it's one of the reasons that women tend to end up with much more precarious retirement security than men. it's not the only reason but it's one of the reasons. >> host: we've covered a lot of the factors that can make it harder for people to work longer. intermittent work history, poor health, especially for people in physically demandingd jobs, age discrimination in our caregiving demands. i want to shift the focus a little bit to think about the role of theon employer in all of this. how are firms responding to having anng aging workforce? are the things they could be doing evenr. better? >> guest: yeah. so there's an awful lot that's been written about h

we have equal pay for the labor movement. that has been the leader of all of that.amily and medical leave, childcare, early childhood education, all of these things yet to be achieved fully and we need more support to make sure that our workplace fully reaches -- reflects our country. greater gender equality in terms of how -- health freedom in every way. thank you for mentioning the affordable care act. we secured 12 months of postpartum decayed -- decade coverage recently for our moms. [applause] we won't stop fighting until the more -- mortality maternal crisis is solved. it is proportional affects black moms. in this fight, we just say it all the time. we don't agonize, we organize. we go out there and organize. we go out there and organize. you know why? we are setting on this course. we know what we need to achieve. we know how to get the job done. with a great connection to the people. isn't that what the national action network has been all about? don't agonize, organize. in some cases, unionize. in every case, remember what dr. king said it, and this is rea

democrats also insist on using the word labor because they're beholden to big labor. democrats have made it clear that they wish to force all americans into unions regardless of their preference. when democrats oversee this committee, their efforts focus on bolstering union bosses at the expense of employee free choice. this myopic view only serves as a small spectrum of the workforce as a majority of workers choose not to be in a union. on the other hand, republicans are committed to supporting the entire workforce. we do not support a one-size-fits-all work model and understand that work is as diverse as the people doing it. so when i talk about the workforce, i'm talking about all the men and women who take pride in their work. when i talk about the workforce i'm talking about all the men and women who work hard to provide for their families. and when i talk about the workforce, i'm talking about all the men and women who gain the skills necessary to be productive and self-sufficient citizens. under my leadership, the committee on education and workforce will serve

so for those that don't know special labor legislation or special labor laws arose and the late 19th and early 20th centuries as a way to regulate women's working conditions and shield women from economic exploitation. so these were sex-specific labor laws that determined the jobs and tasks that women were allowed to perform right at regulated their work hours for prohibited them from working at night in certain instances. sometimes gave them minimum minimum wage laws, but these these regulations were really based on the idea that all women were mothers or potential mothers and women's roles in the home necessity the extra special oversight of the government right now. so those so you have liberal-minded era opponents who love those labor laws and opposed the era as a threat to those labor laws and you also have conservative minded individuals who do not like labor laws, but they're still opposing the era so both conservative and liberal protectionists believed that women required special protection. they just differed and where that protection should come from. so for conservative p

it it would put damper on labor force participation. sure. in on earnings and is also going to what reallocate resources. so you lose efficiency. you look you lose productivity, lose growth. it would just be, you know, very unfortunate. you know as an old politician once said, if you get everybody in the wagon who's gonna pull it. yeah yeah that all about with you i thought yeah well yeah i the now i've got one of the thing the one of the elements in the book that is in the tone and way it's written and in some of you said today, especially you talked about the 50 years of remarkable accomplishments in the united states, was that now that you've counted correctly, i want to just see if i got right and seen that the child poverty rate or the poverty rate so low as bruce meyer and others have shown as well, we should we should say it well that we at least have accomplished that. mean, do you think raising the material of america and so that there are fewer whose materi el well-being whose resources in their is many many fewer of them who are be

opponents who love those labor laws and oppose the e. r. a. as a threat to those labor laws. and you also have conservative minded individuals who do not like labor laws, but they are still opposing the e. r. a.. so both conservative and liberal protectionists believe that women required special protection. they just deferred and where that protection should come from. so, for conservative protection this women's protection to primarily come from the male head of the household. they thought that government reform efforts, like those special labor laws, undermined has been governing authority in the household. now, liberal protectionist believe that government reform efforts could also serve as affective instruments of protection for women. even with those differences though, you still have, like i said before, liberal and conservative protectionist believing that women needed special consideration and special protection because of their roles as mothers and caretakers of the home. a shared desire to preserve the possibility to treat many women differently on the count of psyc

it's a win for employers who can't have the bigger pool of experience labor. and the potential tois shore up socialsh security which is a shortfall perhaps we can raise retirement ages for social security cutting the cost for making it easierr to balance the books for social security. those that have looked at the solutions to say that will work c out. but this possibility hasn't been thought through in the way that it needs to be. so that's what weet out to do, how realistic is this for people to delay retirement what can we do from 65 through 67 and the us is that increasing from 65 to 67 and some suggested should be 70 soyears older higher. if the retirement age is increasing then maybe this works out that when we look at the problem we realize so looking at the inequalities when you look at the distribution in terms of outpost so who are they leaving outdoor leaving behind? that they just need to be persuaded or encouraged to work a little longer so that's where the book came from and then the feeling it was time to question some assumptions made in outloo

the phrase for it that i love is aesthetic labor. the idea that you've got to look the part, an employer wants to hire you and keep you on because you match the brand, the thing they are trying to sell. in a chapter about restaurant workers this is especially important for women even more so than men, as you said in the case of henry, they are expected to look the part. what often happens is the women are moved from front of house jobs like serving tables and bar tending to back of house jobs, working in the kitchen or behind the scenes as they don't meet the criteria for how they are supposed to look anymore. that discover nation has real consequences because back of house jobs are less well-paid than front of house jobs. even though these people are continuing to work, continuing to do their jobs, they are working for less and less pay. that is usually important. and serious consequences for these workers in lower wage jobs we have been talking about, something that is experienced by many older workers across the board including pe

>> i think it's clear that it will reduce labor force participation. and it won't reduce child poverty because the census does not count refundable tax credits as income to the people that get it even though you get a check from the treasury. and this was a decision they made based on their decision not to count taxes. and so, there's know he be with a straight face that can stand up and defend a definition of income that says a check you get from the treasury is not income. if somebody from the census wants to come over here and debate it, i would be happy to sit here for a week and debate it. clearly, this is a fundamental program. now, how it happened, we don't get into that debate, but the fact that it did happen and is happening, we're very much in that debate. >> do you want to comment on this have, john. >> let's say we'll be unfortunate. because it is another transfer, it would put a damper on labor force participation for sure and on earnings. and it's also going to, what, reallocate resources so you lose efficiency, you lose productivity. you

>> part of the problem in the labor market right now is lack of available labor supply.e do think we're 3.5 to 4 million workers short of where we were prior to the pandemic because of things like lack of immigration and early retirements and so forth. so, this is why, if we want to, you know, reduce a hot labor market, cool it down a bit, it may involve some job losses. it c c places like housing, the housing sector is retrenching. it could come in manufacturing, and it may come in professional and business services and finance and other sectors like that. >> for consumers, when the federal reserve keeps rates higher for an extended period of time, they see the impact in their credit card statement or in the mortgage rate. so, if someone is looking at the housing market, wants to go out and buy a home right now, do they also have to wait the two to three years you referenced for inflation to come down before they feel like they can afford it? >> well, housing is under a tremendous affordability shock right now, as you -- home prices nationally are still up about 40% rel

laws can be complained to the labor inspectorate.more about protecting your labor rights. write to our telegram ask questions. we will send them to specialists and will tell you about everything in the next editions of our instructions. i'm changing your eared puppy for your quiet life. now the unpleasant consequences of the past holidays. here are shots from novosibirsk where the launch of the new year's fireworks in the yard ended the fire broke out on two floors at once, according to preliminary data from pyrotechnics.