Job Numbers Show Economy Remains Distorted From Pandemic Policies
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While the government will no doubt spin today's JOLTS report as showing significant employment gains, a quick dissection of the numbers shows a far more muddied and inconsistent picture. Despite job openings decreasing by over 500,000 to 10.6 million, there are still 3.7 million more jobs than unemployed people, result of unemployment shrinking as well.
Job Numbers Show Economy Remains Distorted From Pandemic Policies
Job Numbers Show Economy Remains Distorted…
Job Numbers Show Economy Remains Distorted From Pandemic Policies
While the government will no doubt spin today's JOLTS report as showing significant employment gains, a quick dissection of the numbers shows a far more muddied and inconsistent picture. Despite job openings decreasing by over 500,000 to 10.6 million, there are still 3.7 million more jobs than unemployed people, result of unemployment shrinking as well.