Biden's Swiss Cheese Labor Market and the Real Challenges Ahead
Biden's Swiss Cheese Labor Market
Every month, the Biden administration touts the latest jobs report as evidence of how solid the labor market is. But the Devil is in the details. Far from solid, the labor market looks more like Swiss cheese, with job growth being mostly limited to foreigners doing part-time work in only a few parts of the country. Over the last year, only 15 percent of America’s metropolitan areas saw any job growth. In the other 85 percent of the country, payrolls have flatlined. The so-called growth in the labor market has been incredibly isolated.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.