Jobs Bounce Back! 227K New Jobs Despite Storms, Strikes
Employment is up, but the number of employed people are down? Does anyone want to try to reconcile…
Best to track full-time employment because that gives a much better picture of the real health of the labor market, especially from the workers perspective. Unadjusted we lost over 500k full-time jobs compared to October. Biden's economy peaked in July '22 at 135.86m full-time jobs, we are now over 2.5m below that level. To compare, in his first 3 years Trump's economy was growing full-time employment by 2m jobs a year.
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