The June level finally made it to 50.03% after six consecutive months below 50%, but the first half of 2024 averages a level now comparable to 1H2018, at 49.5%.
The total number of full time workers itself is down 1.36% in the first half, which is alarming, as in 2008 alarming. (I try to avoid comparisons to 2020 because it was a pandemic-induced anomaly.)
It's on the skids.
 |
| Jun 2024 |
 |
| 1H2024 |
 |
| 1H2018 |
 |
| down 1.36% in the first half of 2024 |
 |
| down 1.55% in the first half of 2008 |
