Headline:
“Total nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5 percent..." --BLS
It's possible that Biden was wrong!
HT: Barry
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2 comments:
+71,000 is the number that matters. Total NFP's is insignificant until we shed all census workers.
Still, employment growth remains flat. Without further public sector support, these numbers will be flat or worse for years.
How about some PRIVATE sector growth. Like government gets out of the way? It is private sector growth that creates jobs and wealth (and government revenue). Not public sector.
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