"Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged
down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led
by gains in leisure and hospitality, professional and business services, health care, and construction."
https://www.bls.gov/news.release/pdf/empsit.pdf
That's over 7.2 million additional jobs since Biden was inaugurated and a drop in the unemployment rate from 6.4% to 3.8%.
05 Mar 22
2 edits
@contenchess saidThat is a part of it, yes. Another part is the governments roll in providing free vaccines, and the social and business safety nets that allowed the US (and Canada) to get through this pandemic with far less loss of life and economic damage than would otherwise occur. The right wing may hate big government and the taxes it imposes, but they have yet to come up with a system to replace it with, and few would argue that the situation would have been much worse without governments roll in all of this.
@no1marauder
Isn't that just from companies opening back up and going back to work?
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05 Mar 22
@no1marauder saidBiggest gains in a 13 month period ever
"Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged
down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led
by gains in leisure and hospitality, professional and business services, health care, and construction."
https://www.bls.gov/news.release/pdf/empsit.pdf
That's over 7. ...[text shortened]... n additional jobs since Biden was inaugurated and a drop in the unemployment rate from 6.4% to 3.8%.
reported, since they started keeping track in The 40's.
https://finance.yahoo.com/
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06 Mar 22
1 edit
@no1marauder said“ That's over 7.2 million additional jobs ”
"Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged
down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led
by gains in leisure and hospitality, professional and business services, health care, and construction."
https://www.bls.gov/news.release/pdf/empsit.pdf
That's over 7. ...[text shortened]... n additional jobs since Biden was inaugurated and a drop in the unemployment rate from 6.4% to 3.8%.
additional to what?
just more number manipulation?
https://www.theguardian.com/business/2021/oct/10/us-unemployment-rate
06 Mar 22
@mott-the-hoople saidAdditional to the number employed on the day of Biden's inauguration.
“ That's over 7.2 million additional jobs ”
additional to what?
just more number manipulation?
https://www.theguardian.com/business/2021/oct/10/us-unemployment-rate