About that employment-population ratio
When confronted with evidence that the job market is red hot, naysayers often point to the employment-population ratio (E/P), which remains below pre-Covid levels: How can this be? After all, the US total population has risen by less than 1% over the past three years. In contrast, payroll employment is up by 2%. Shouldn’t the employment/population … Continue reading About that employment-population ratio
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