One set of numbers shows a labor market in dire straits. Total employment,, is still down 8.4 million from its pre-pandemic peak, on a par with the worst point of the 2007-09 recession and its aftermath.
Weirdly, that isn’t what a different set of numbers suggests. It shows a labor market starting to look, well, tight.
greg_ip The divide is widening
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As the overall job market stumbles back, women still struggle to recover lost employmentAs the job market stumbles back, women still struggle to recover lost employment. 'Policymaking has not accounted for the fact that people’s work lives and their personal lives are inextricably linked — if one suffers so does the other,' Sec. Yellen says. There will never be free daycare or free healthcare. They aren't a right in most of the world and there's no reason why they should be in the USA. No state has the money.
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