Saturday, February 4, 2023

Both full time jobs and overall civilian employment in Jan 2023 remain relatively strong but both are far from US potential: 12 million more could be working but are not

Full time as a percentage of civilian population dropped to 49.32% in January 2023 from 49.77% in December.
 
Peak full time at 53.6% in 2000 applied to 2023 would mean 10 million more working full time than actually do.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Civilian employment as a percentage of civilian population dropped to 59.67% in January 2023 from 59.99% in December.
 
Peak employment at 64.4% in 2000 applied to 2023 would mean 12 million more working at all jobs than actually do.
 
Pathetic underperformance.
 
The shortfall with peak manufacturing jobs in 1979 at 19.4 million was 6.6 million in 2022.