I don’t think your numbers are right. Feb 2020, total was 152.5 mil jobs.
https://www.bls.gov/opub/ted/2020/nonfarm-payroll-employment-up-273000-in-february-2020.htm#:~:text=In%20February%202020%2C%20total%20U.S.,Government%20employment%20increased%20by%2045%2C000.
As of 12/23, we were at 157.2 mil, using the employer survey, which is apples to apples with the methodology referred to in the link above as of 2/20.
As for the more subjective side of your post, I can absolutely buy that ‘22 job growth of almost 5 mil jobs was largely a rebound from Covid. The clip we’re at now, which is averaging about 231k jobs per month, is objectively well beyond the rate of 175k per month in ‘19. We are not objectively still experiencing a Covid bounce.
The fact that almost every economist in the world thought recession by the end of ‘23 was inevitable tells us they thought the Covid bounce was well behind us with the torrid job growth in ‘22. So, you’re not explaining anything factual. Just a partisan way to dismiss econ stats you don’t like.
[Post edited by hoolstoptheheels at 04/05/2024 3:21PM]
|
(
In response to this post by Los Angeles Hoo)
Link: https://www.deptofnumbers.com/employment/us/#
Posted: 04/05/2024 at 2:56PM