Unemployment almost at 4%, almost 5% in California. Choppy seas ahead for The Bidler.
View attachment 1730
Use these stats instead:
Labor Force Participation Rate is a far more accurate gauge of employment, although it has problems, but since there is 100 years of data it's easy to see just how bad things are now.
We never recovered from 2008, let alone the lockdowns (which was another nail in the coffin).