White House Juices the Job Count
The White House will now count all jobs funded by stimulus money, not just those that were created or saved. The job market is still hemorrhaging and the administration might be looking to do a little inflation. Or it might honestly be trying to simplify a confusing and highly criticized formula for counting jobs.
The White House will now count all jobs funded by stimulus money, not just those that were created or saved. The job market is still hemorrhaging and the administration might be looking to do a little inflation. Or it might honestly be trying to simplify a confusing and highly criticized formula for counting jobs.
Your support is crucial...ProPublica:
Part of the problem is that there’s no accepted standard for counting jobs, said Mary Foelster of the American Institute of Certified Public Accountants.
“It’s not so much calculating jobs; it’s trying to have evidence that a job was retained,” she said. “What is the client going to point to to say, ‘I was going to lay someone off, but now I’m not?’ ”
As we navigate an uncertain 2025, with a new administration questioning press freedoms, the risks are clear: our ability to report freely is under threat.
Your tax-deductible donation enables us to dig deeper, delivering fearless investigative reporting and analysis that exposes the reality beneath the headlines — without compromise.
Now is the time to take action. Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and uncover the stories that need to be told.
Editorial Cartoons
Politics
The despair of lower-income voters was seen as a political problem rather than an empirical reality.
Editorial Cartoons
Media
As mainstream outlets continue to focus on inflation, consumer sentiment about the economy remains staggeringly low.
Opinion
Staunch capitalists like Gurner tell us every day they want more exploitation and precarity for people just trying to get by.
Ear to the Ground
The administration says the moves will safeguard renters and promote rental affordability.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.