The government accounted for almost all of the headline gains, with 43K of 49K jobs, or 88% of all.
Poster Comment:
This won't last long. Neither will $4 trillion annual budget deficits.
At this rate whoever becomes President in January 2025 will inherit a $50 trillion national debt. Suppose the interest rate due to inflation rose to 10%. That would add $5 trillion to our annual $4 trillion budget deficit.