Subject: Re: the new BLS person pays off
The more likely explanation is that the job numbers were always lower and they're just now coming out. Biden's economy was...rather meh. His gravity-defying job numbers never made sense.
The causes of the current drop are well understood and documented. The continued move to outsourcing and AI would have happened regardless of policy. OTOH, the changes due to tariffs and immigration policy were entirely preventable. Trump has said his policies are important enough, a recession is an acceptable outcome.
Alan