THE STARK CHOICES FACING THE FED; INFLATION vs SAVING THE BANKS, or is it so stark?

In the article I pointed out that the bulk of layoffs currently are amongst higher paid workers. This is confirmed by the news that Indeed the employment agency, is sacking 15% of its workforce thereby revealing that the record number of job openings are a fiction, they are either stale or duplications. What the FED does not appreciate is that the loss of higher paid jobs outweighs the addition of lower paid jobs. Thus a qualitative analysis which looks at the nature of the job losses and creations, rather than the crude and inaccurate BLS survey of jobs, shows that the overall purchasing power of wages is falling given where the job cuts are concentrated.