Jobs report exaggerated the increase in U.S. hiring in 2023
The U.S. added a surprisingly large 2.7 million new jobs in 2023 as the economy defied a widely forecasted recession. But monthly increases were exaggerated by pandemic-era distortions in how they are counted.
The U.S. added a surprisingly large 2.7 million new jobs in 2023 as the economy defied a widely forecasted recession. But monthly increases were exaggerated by pandemic-era distortions in how they are counted.
