What's your source? The Bureau of labor statistics that is marking most of unemployed people as "not seeking employment" because they aren't walking into workforce centers?
Payrolls are up about 214k in March, 180k in April, and 140k in May. The BLS data is from broad monthly surveys, not people showing up in workforce centers.
Of the 172,000 (adjusted) new jobs in May, 70,000 are attributed to hospitality when 14,000/month is the norm. World Cup temporary jobs. Hourly average earnings rose 12 cents in May while the average price of gas rose $1.17/gallon since the start of the war. One could argue that some of the people participating in the surveys have a vested interest in the numbers looking good.
What's your source? The Bureau of labor statistics that is marking most of unemployed people as "not seeking employment" because they aren't walking into workforce centers?
Payrolls are up about 214k in March, 180k in April, and 140k in May. The BLS data is from broad monthly surveys, not people showing up in workforce centers.
Of the 172,000 (adjusted) new jobs in May, 70,000 are attributed to hospitality when 14,000/month is the norm. World Cup temporary jobs. Hourly average earnings rose 12 cents in May while the average price of gas rose $1.17/gallon since the start of the war. One could argue that some of the people participating in the surveys have a vested interest in the numbers looking good.
https://www.bls.gov/news.release/empsit.a.htm
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