Jobs level could be shifting, Mike Konczal notes

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23.04.2026

Jobs level could be shifting, Mike Konczal notes — Jobs level reversing trend

Economist Mike Konczal suggests that the jobs level may be undergoing a recent reversal.

He plans to examine this change further in his upcoming monthly jobs analysis and invites others to share any hypotheses for investigation.

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Konczal previously noted that the U.S. economy added 178,000 jobs, with unemployment falling in his recent analysis of the official jobs report. He observed that revisions largely offset the gains in that release. The latest reversal comes as he continues to monitor monthly trends.

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