The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest…
Its like people don’t realize that Unemployment rate is only U3, and that U4, U5, and U6 are readily available and easy to look up…
You can also look at Median usual weekly real earnings: https://fred.stlouisfed.org/series/LES1252881600Q . Note that this series is CPI / Inflation Adjusted, so its apples-to-apples. We’ve got more jobs and higher-wages than 2019-era USA right now, even on an inflation-adjusted basis.
https://fred.stlouisfed.org/series/U6RATE
So look at U6.
Its like people don’t realize that Unemployment rate is only U3, and that U4, U5, and U6 are readily available and easy to look up…
You can also look at Median usual weekly real earnings: https://fred.stlouisfed.org/series/LES1252881600Q . Note that this series is CPI / Inflation Adjusted, so its apples-to-apples. We’ve got more jobs and higher-wages than 2019-era USA right now, even on an inflation-adjusted basis.