Record Jobs! (And No More Mean Tweets)
This isn’t meant to be political. It’s illustrative of how governments and businesses can manipulate data to say whatever they want, knowing the public rarely engages in second order thinking.
According to The Hill:
Despite the economy surpassing its pre-COVID-19 levels in the first quarter, the current unemployment rate — 6.1 percent — remains well above its 3.5 percent pre-COVID-19 rate. When today’s lower labor force participation rate is factored in, today’s unemployment rate is higher still.
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