I'm confused by people thinking it's a bad job market. Statistically, US unemployment is very low right now... back to pre-pandemic levels. From the Bureau of L

I'm confused by people thinking it's a bad job market. Statistically, US unemployment is very low right now... back to pre-pandemic levels. From the Bureau of Labor Statistics report on April 2022 [1]: "Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing." 3.6 percent is basically full employment; it doesn't go much lower than that. Employers are having a hard time filling jobs. Wages are going up. Again from the BLS report: "Over the past 12 months, average hourly earnings have increased by 5.5 percent." [1] https://www.bls.gov/news.release/pdf/empsit.pdf https://www.bls.gov/news.release/pdf/empsit.pdf