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March 3, 2022 11:18 pm at 11:18 pm
#2066119
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for those who argue about jobs. Unemployment rate is a somewhat misleading number as it excludes people who are not seeking employment. A better number is Labor Force Participation Rate , especially for key ages 25-54 Yrs. (LNS11300060) (the latter excludes a drift in ages over time):
it fell off during Bush I from historical high 84 to 83 and stayed there,
continuously fell to 81 under Obama, started going up Jan 2016 and straight up thru Trump years up to Covid – back to 83
at Covid fell to 80 and back up to 81 under Trump,
up to 82 under biden