... Unemployment is 4.7%. This is as low as unemployment can safely be. From here on out we are going to do more and more damage to our economy the lower that % goes.
In this situation, always described in terms like "labor shortage" or "tight labor market" or whatever other garbage they can use to not say "unemployment is too low" (because they will never ever ever say that) jobs on the lower end of the spectrum suffer. Cooks and retail, and jobs like that. They suffer because office jobs are hiring as well in the "tight labor market" and people would prefer to do those jobs.
Continue on with a pathetic economic system that falls apart if we dare to employ more than 95% of our humans.