I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at Rich Miller’s reporting on migration and job growth. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
How come the US economy was able to grow over 3% last year, and sustain sub-4% unemployment in the face of the most aggressive Federal Reserve monetary tightening in four decades while still seeing inflation slow?