The Biden Jobs Boom


Voluntary job quit rose 47 million compared to prior average of 38 million
Job opening 70% higher than quits
Length of employment dropped from 18.4 weeks to 12.4 weeks
Booming business creation 68% higher than recent average
Creating small business small % of lost jobs
Great job growth of 64 million 3 times recent average
Employment rates: 14.7% April 2020; 6.4% January 2021, 3.9% November 2021
Strong wage increases low wage and education groups
Strong wage increases retail and food services and accommodations

The Biden Jobs Boom Is Bigger Than We Thought | Washington Monthly

About Stephen E. McGaughey
Resident of the City of Coral Gables

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