“By the end of 2024, nonfarm-payrolls likely will overstate true employment by at least one million”
Who do you believe? Reality or FJB & Co.?
This is why I have long since ignored any numbers generated by the government bureaucracy, unless they work against interest. IOW only trust numbers that make themselves look bad. Doesn’t happen often.
The methodology used to calculate the jobs report was changed the end of last year. It was announced and widely known, but the Biden cheerleaders were selectively using the known discontinuous figures.