2 Feb 2024 5:03 pm
Maineman also posted a link about oil production..ConsRule » 02 Feb 2024, 6:01 pm » wrote: ↑ You just admitted you either didn't read what I posted or you didn't understand what was posted.
According to the US Dept. of Labor and YOUR FIRST LINK, all of the following are reported as true; The unemployment rate stayed the same, the number of job openings (vacancies) changed very little, long-term unemployment changed little, the labor participation rate stayed the same, the employment-population ratio changed little and the number of unemployed wanting a job changed little.
To put those in laymen terms, new jobs were created but the number of people working stayed changed very little. If people were leaving their existing job for a better paying job, the Dept. of Labor would not have reported the number of vacancies increased little in January. Since they didn't report a significant increase in vacancies. their old job was not open...someone was working in that position. However, the unemployment rate stayed the same...that means nobody that was unemployed took the job.
The problem is Biden promised he'd end fossil fuels..