On CNN Newsroom Friday, Labor Secretary Marty Walsh indicated he feels the job market may not need to cool, to bring inflation down, and that, “we have to continue to tackle the inflation issues. But we’ve also got to continue to push to get people into good-paying jobs as we move forward here as an economy.”
Host Poppy Harlow queried him, “It’s a fact, is it not, that we actually need this job market to cool off to bring down inflation?”
Walsh’s response was, “I don’t know if we necessarily need it to cool off. I think that we have — I think that a lot of people have different opinions. Economists are — have different philosophies on what we need to do here, and I think what we need to do, quite honestly, is if we — my job is to continue to try and create better pathways into good-paying jobs for people in America. At the end of the day, people want to enter into the middle class. We have to — I’m not saying we ignore the inflation, we have to continue to tackle the inflation issues. But we’ve also got to continue to push to get people into good-paying jobs as we move forward here as an economy.”