Washington
Cnn
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According to the latest official data on Friday, with many measures, the US job market is in good shape: In January, unemployment was historically less than 4 % because employers increased jobs in US history. Continued a long series.
However, the Trump administration had a more disappointing theory, pointing to a revision of the annual benchmark released on Friday, which states that more than 589 before the economy in 2024. , 000 jobs added.
“Benchmark told us that the bottom reviews for the Biden job record were about a whole million people, so we had a million less workers in the United States (Bureau of Labor Statistics) before us It was said that we had in fact, “Kevin Hast, director of the White House National Economic Council, told CNN Kate Boldwan on Friday.
“The job market is much worse than in our view,” he said.
The White House press secretary Karin Levet echoed in a statement echoing the sentiment: “Today’s job reports reveals that Biden’s economy was much worse than anyone’s idea, and President Trump’s development was developed. Pro -supporters emphasize the need for policies. ”
But the annual revision is a routine overview of the survey that produces monthly employment data, which is then reconciled with other data sources that are not available on the first report of the numbers. Were
The latest annual revision was really higher than usual, but not unusual. In fact, there was revised downward 514,000 jobs (-0.3 %) for the year ended in March 2019 During Trump’s first period before the Kovide 19 pandemic diseases.
And while the federal government’s surveys have become less strong Rate Rates In recent years, the number still offers an important snapshot of the world’s largest economy.
These days, the US job market is not running out of pandemic diseases at the same red speed, but it is solid.
Nevertheless, the job seekers, especially the young, can confirm, the rent has been slowly slowed.
According to the latest data released this week, the rate of services to Americans in December is at the level of 2013, as the Americans in recent years leave less frequently than them.
In November, the number of unemployed Americans for more than 26 weeks reached its highest level in more than two years, though it has decreased in December and January.
Lydia Bosor, a senior economist at EY Partinin, said in a comment released on Friday that the United States has a “frozen, strong labor market” that is expected to “increase jobs to decrease this year’s trend See and the unemployment rate is increasing. ”
This may be even worse if Trump proceeds to slap 25 % of revenue on Mexico and Canada, which he delayed from the original date of February 1 to March 1.
“The uncertainty of standing prices and sharp policy can be forced to adopt the business faster and look at the viewing behavior and withdraw from the job,” Bosoor said. “This can cause a lot of slowdown in employment, weakened income and more inflation.”
