According to various sources, the US economy needs to create somewhere between 75,000 and 145,000 new jobs a month to break even, that is to match the numbers of potential new hires with a job...
Here's my issues I'm struggling with and can't find clear answers:
- Biden claims @14.2- 14.4 million new jobs created during@36 months.
- However, @9.4 million are backfill from those returning from the COVID lockdown.
- That leaves @4. 7 over 36 months. ( Well over half are government and health care).
- Doing the math, that's about 130,555 a month. Is this a break even or losing or a plus side employment.
Do second jobs count as new?...
- How seriously should employment and labor statistics be taken at this point, as well as job creation, wages, and labor participation?...
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