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The fed is using the exact same metric to count jobs as they were a year ago, 10 years ago, etc. You can nitpick it all you want but it's a consistent datapoin
by legitster 4y ago
The fed is using the exact same metric to count jobs as they were a year ago, 10 years ago, etc.
You can nitpick it all you want but it's a consistent datapoint.
- lowkey 4y agoThe fact is that full-time permanent jobs declined by 77k. The bulk of new job creation was in part-time, transient positions that for the most part don't pay enough to sustain people - especially with inflation rampant. The numbers look good, as long as you don't look too closely into the numbers - my point stands. Don't you find it curious that the article fails to mention these details? I do.
- spaceman_2020 4y agoProbably why the markets didn’t completely puke on these numbers.
- lotsofpulp 4y agoI would hope investors are doing more research than reading short Washington Post articles.