The more jobs that are unfilled (a "tighter" job market) means that employers have to raise wages to attract employees. It's pretty common knowledge in tech that the fastest way to a raise is to switch jobs. More jobs being available is good for workers.
It seems to me like most IT and Coding roles are completely overstaffed and plummeting in pay, where you can get them. So many layoffs from high quality high pay roles.
Interest rates are scaring businesses enough that they are dumping highly compensated new business and project based technical engineering staff to keep that profit margin-a-growin' despite stalling top line growth - but the entry level grunt work jobs to keep the status quo simply aren't going away. Amazon will always need delivery drivers and warehouse workers. Businesses typically need customer service roles locally in some capacity, especially for retail stores. All these jobs pay around minimum wage or barely over, far from the living wage required to raise a family. I'd bet that's where the overwhelming majority of growth is, especially as we defund education in the south and midwest.
Nice job comparing it to the Obama numbers, I wonder if it's just as many low-quality jobs as were in the Obama numbers? It was mostly McDonald's type jobs with shitty part-time hours and low access to healthcare and other benefits.
Further, are we really this busy lying to ourselves? COVID's first vaccines were available in December of 2020, so it's really arguable that a lot of the "Biden economy" growth was.... just jobs that had already existed but went away for COVID coming back because the economy was fully spinning up again. Considering COVID hit the US in January 2020, 2021 was still a recovery period, as was 2022.
So 1. no information in the link about the quality of these jobs or whether they're even full-time. and 2. a stark reminder that COVID shut down millions of jobs overnight, and those jobs started trickling back into existing in 2021-2022. Kind of gaming statistics to pretend like that was all just a "Biden Economy" and not a recovery from COVID.
Voting for Kamala, but sick of this kind of outright bullshit from Democrats. Stop jerking yourselves off with statistics and really help people. It's just like the bullshit about the ACA insuring a lot more people: sure, more people are insured, but out of those people with jobs, do they really have more access to healthcare now? In my experience, it has helped many who were previously jobless without healthcare, but it has done nothing for working families. I'm not a working family, but that doesn't mean I don't care about how it affects others.
This statistics are less bullshit than normal - they're mostly true the two bullshit figures are 1) unemployment and 2) quarterly job growth figures.
When unemployment is celebrated as going down please keep in mind that only people recently employed who are actively seeking work count as unemployed... long term unemployment doesn't count and people who have given up on job searching don't count either.
Quarterly job growth figures are also misleading because they initially vastly overcount a lot of gig and part time employment from, for instance, working as an Uber and Lyft driver. It takes time to clean out these dupes so the numbers are always initially extremely strong until they get revised down.
This article is actually focused more on historical data of job growth this counts actual jobs created (not gig arrangements) and has already been revised down. These numbers actually are something to brag about... that said the economy still sucks for a lot of people and inflation has really put a squeeze on people carrying debt - some of these jobs are restorations of jobs lost during covid but getting those jobs back is worth celebrating - it absolutely wasn't a given. I agree with pretty much everything else you mentioned especially some frustration with Dems repeatedly using bullshit numbers when the actual numbers are less impressive but still good... it erodes our general ability to call out Trump's bullshit.
Further, are we really busy lying to ourselves? COVID’s first vaccines were available in December of 2020, so it’s really arguable that a lot of the “Biden economy” growth was… just jobs that had already existed but went away for COVID coming back because the economy was fully spinning up again. Considering COVID hit the US in January 2020, 2021 was still a recovery period, as was 2022.
Dems deluded themselves the same way with Obama. You started to see the economic rebound practically the day he stepped into office. Either Obama was a wizard or we were experiencing a natural market rebound before he'd done anything.
Then we got two years of bailouts, nobody responsible for the crash was held criminally liable (ffs even Bush had the decency to prosecute Ken Lay and Jeffrey Skilling), and Wall Street was fully rebounded while the rest of the country was still getting foreclosed on as quickly as judges could robo-sign the liens. No climate change bill. No immigration bill. No public education bill. No DC statehood. No public insurance option. Hell, PPACA didn't even fully kick in until 2014 because Dems were so persnickity about the budget numbers. But we did extend the Bush Tax Cuts, thank god!
And then Dems were confused when they lost 2010 in a landslide.
Voting for Kamala, but sick of this kind of outright bullshit from Democrats. Stop jerking yourselves off with statistics and really help people.
"Only stupid people don't vote Democrat" is a lie liberals love to tell themselves whether they're losing or winning.
It's all propaganda to tell us that we are not struggling, though most of us can see in our daily lives we are struggling. They keep talking about unemployment numbers, which mean nothing. You can have 0% unemployment and its meaningless if those jobs do not pay a livable wage.
An entire article on jobs, without defining what type of job were creating. Are these full time jobs, or the same "max 17 hours a week" to prevent any hope of people getting healthcare?
Under President Biden, the industries that have seen the most job growth include manufacturing, which added approximately 800,000 jobs, particularly in the South and Mountain West regions[1][2]. The health care, leisure and hospitality, and professional services sectors have also experienced significant job increases[3]. Additionally, the transportation and warehousing sector has fully recovered from pandemic losses, with 584,000 more jobs than in February 2020[1]. These gains reflect a broader economic recovery and investment in infrastructure and technology[1][3].