President Joe Biden recently visited Milwaukee to tout 'Bidenomics' — the economic policies he’s instituted during his t
No specific statistic perfectly matches Biden’s phrasing, but several broad labor market measurements can serve as approximations. In each case, the current statistical level of working Americans trails the record, although two measurements that look only at Americans ages 25 to 54 come close to setting a record.
When we looked at several broad statistics that offer approximations of what Biden was claiming, we found that none are at record levels. One narrower statistic — the percentage of employed women ages 25 to 54 — has hit a record in recent months.statistic By this measure, employment not only trails the record by a significant amount but hasn’t even climbed back to pre-pandemic levels.takes the total number of people who are employed, adds them to the number of people who are unemployed but are actively seeking work, and divides the sum by the civilian, noninstitutionalized population.
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