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re: Jobs Numbers

Posted on 6/2/23 at 12:55 pm to
Posted by Big Scrub TX
Member since Dec 2013
33584 posts
Posted on 6/2/23 at 12:55 pm to
quote:

How can all 3 of those things be true at the same time?
If you've got more people working and more people looking for work, how can the LFPR remain the same?

I'm not arguing to make a point here, I am legit asking if I am missing something in how I'm looking at the report.


I suspect that this may have something to do with it:
"Despite the big jobs gain, the unemployment rate increased due in large part to a sharp decline of 369,000 in self-employment."
It's a good question to ask and you may or may not have answered your own question. My primary observation is that we don't have great evidence of an imminent cataclysm. But if one enters the discussion assuming so, then every number is a conspiracy.
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