December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000

        • Fredselfish@lemmy.world
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          1 year ago

          None that why it hidden behind statistics. So what if they added 216k of minimum wage jobs.

          This bullshit same as when they talk how great economy doing because the stockmarket is doing well.

  • kibiz0r@lemmy.world
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    1 year ago

    Same level of unemployment, but a ton of new employees. So… the same number of people are simply working more jobs? And this represents a “strong economy”…

    • randon31415@lemmy.world
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      1 year ago

      Or people came back into the workforce. Back during Obama, when unemployment numbers started to decrease, thr common refrain was that the workforce participation rate was going down hand in hand and that unemployment improvement was a sham. Now those people are coming back into the workforce.