The secret to strong US employment growth: A population increase ...Middle East

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The secret to strong US employment growth: A population increase
Late last year, Canada was hit with a bombshell: There were 1 million more people in the country than believed. For a country of 40 million people, that's an incredible mis-count. It helped to explain why Canadian jobs data had been so strong in 2023, despite a cooling economy.Is the same thing happening in the US?The WSJ writes about that today, highlighting that the household survey is vastly undershooting the establishment survey.To get its employment figure from the household survey, the Labor Department calculates the share of the population that is working and then applies it to population estimates from the Census Bureau. This might be the source of the discrepancy: That population es

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