> having an economy that produces high-paying jobs for most young adults willing to work hard

I was gonna check how it looks like right now in the US, but seems the government been unable to publish official reports about employment for some reason, so hard to know exactly, but suddenly avoiding to release official reports usually isn't a signal that things are going great.

3rd parties seems to indicate the progress of "producing high-paying jobs" isn't going all so well:

> Wednesday’s decision was justified primarily by weakening conditions in the job market. Hiring has slowed markedly since the summer, while unemployment has ticked up and businesses across industries have begun signaling greater caution

> Private-sector signals have flashed more urgency. ADP’s November report showed employers shedding a net 32,000 jobs, the sharpest decline in more than two years

> hiring remained stuck at 3.2%, consistent with what economists and Powell himself have called a “low hire, low fire” labor market. Companies aren’t slashing staff outright—but they aren’t expanding either. That’s enough to worry economists.

https://fortune.com/2025/12/10/fed-cuts-rate-december-hawkis...