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Re:US Gross Domestic Product, Second Quarter 2022 (Advance E... by s1artibartfast on Thursday July 28, 2022 @02:58PM (#32268701)
>Because the actual data is sending mixed signals. People equate recessions with job losses, but job growth is still high and unemployment remains incredibly low.

The data isn't mixed, people are just making an incorrect association.

Working more or longer isn't a good thing in its own right. In fact, it is bad it you are working more for less purchasing power.

employment growth has historically been associated with increased purchasing power, but the current situation is a deviation from this norm.

Talking about employment growth ignoring this fact is a bit of a bait and switch playing on this incorrect association.

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