WATCH FOR THE LIES IN THE FUTURE FROM THE BITE-ME REGIME

They’ll try to convince us that millions of new jobs have been created.

What they won’t mention is that many of those “new jobs” were those lost in the Kung-Flu pandemic. And most are shit jobs.

And we’ll have fewer pediatricians.

U.S. employment will see stunted growth during the remainder of the decade, with technology eliminating some roles and retiring Baby Boomers contributing to a drop-off in the share of Americans participating in the job market, according to federal government projections.

The U.S. will add 11.9 million jobs through 2030, according to a new analysis from the Bureau of Labor Statistics. The bulk of that, however, will simply reflect a recovery from the damage caused by the Covid-19 crisis. Compared with the 2019 pre-pandemic peak for the BLS’s series, the jobs gain will be just 2.6 million — weaker than in previous decades.

About one-third of the jobs created, or 3.9 million compared with the current baseline, will be in low-wage work — a part of the economy devastated by coronavirus-linked restrictions. That covers categories that pay less than $32,000 a year, or roughly $15 an hour.

BLS analysts also project that while economic growth will run at a faster average pace than previous years and worker productivity will increase, the country’s labor participation rate will decline as the workforce ages and fewer young people work.

The forecasts paint a picture of a U.S. economy relying on the very jobs that President Joe Biden’s administration vowed to improve for millions of low-income Americans.

Total employment is projected to increase about 7.8% by 2030, to 165.4 million. That rise, which equates to just over 1 million added to payrolls each year, is about half the annual gain in the past decade, setting aside a decline during last year’s pandemic recession.

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