April 4, 2022
OPEN THE BORDERS:
Worker shortage thwarts Biden's "millions" of jobs pledge (Sarah Mucha & Neil Irwin, 4/04/22, Axios)
Ten states recently hit the lowest unemployment rates they've seen since the Bureau of Labor and Statistics began keeping track of individual state data in 1976.In February 2020, before the pandemic, unemployment was at 3.5%. The current rate is only slightly higher, at 3.8%.The labor force is on track to grow only about 0.3% a year in the coming decade, according to the Congressional Budget Office, compared to over 1% as recently as 2005.
All Joe had to do was not be Donald.
Posted by Orrin Judd at April 4, 2022 12:00 AM