It reports only those actively looking for a job or employed, so it leaves out people who simply aren’t participating in the labor market anymore because they can’t find one.
It also reports all jobs, not the quality of the jobs. Average Americans feel the job market today is terrible and largely does not look at part time and near minimum wage work roles growing as a positive. The jobs report doesn’t disaggregate higher paying jobs from lower ones
Here's reports for all these that don't have those issues, as they just come from surveys.
> It reports only those actively looking for a job or employed, so it leaves out people who simply aren’t participating in the labor market anymore because they can’t find one.
https://fred.stlouisfed.org/series/LNS11300060
This simply asks "do you have a job", and it's up to the people responding to decide if being an Uber driver is a job.
> Average Americans feel the job market today is terrible and largely does not look at part time and near minimum wage work roles growing as a positive.
https://fred.stlouisfed.org/series/LNS12032196 - % of workers part time because they couldn't find anything better
https://fred.stlouisfed.org/series/LEU0203127200A - % of workers at federal minimum wage
https://fred.stlouisfed.org/series/LNS12026620 - % people with multiple jobs
All look healthy right now. (Obviously there's a lot more people at the state minimum wage.)
> The jobs report doesn’t disaggregate higher paying jobs from lower ones
That's in FRED somewhere, but https://realtimeinequality.org is an easier way to view it.
Btw, I think focusing on "jobs" isn't the best thing to look at - the poorest people in a country will always be children and the elderly, and hopefully we don't want them to get jobs.
No matter how you cut it though Americans do not feel they are getting their fair share economically and want to avenge that, which is why I think voters didn’t push back against tariffs - which have become a cornerstone of economic rhetoric by Trump and his allies - at the ballot box.
I think it’s also because a good chunk of the electorate doesn’t quite understand how tariffs work and it’s going to backfire, but the sentiment is very clear
Yes it does, and it shows that the fastest growing wages are in the bottom 10%.
https://www.bls.gov/news.release/empsit.nr0.htm
We can make assumptions though and yes I agree it shows that trend.
Even if I’m misinterpreting this my general assertion about people’s feeling about the job reports that I’m telegraphing I think still remains valid
Some people are hurting because there's always some people hurting, and for some reason that means we get the party that wants to reduce social safety nets?!