Matt Darling: Private sector added 825,000 jobs in last 19 months

Matt Darling: Private sector added 825,000 jobs in last 19 months
Private sector job gains trail norm

Matt Darling said the private sector has added 825,000 jobs over the past 19 months, disputing a claim that the figure was one million.

He added that this total is less than half of the number of jobs the economy typically adds over a similar period.

Darling has recently tracked other key economic indicators. In a prior report, he noted that median U.S. household net worth rose to $215,900, up 2 percent since 2022. He also observed changes in how households hold transaction accounts during the same period.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.