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in this case, the labor participation rate is indeed lower than it was before COVID hit...BUT, it's much higher than it was at the low point...when Biden took office...what happened to cause that?...could it be the Stimulus Bill he enacted?...could it also be the aggressive distribution of vaccines that allowed more people to move about and avail themselves of services...and provide such services?...any way you look at it the LPR has improved dramatically during Biden's time in office.

Also, wrt to 'Real Wages'...why have they been declining for decades, only to rise suddenly during the pandemic?...how much is inflation affecting results?...what's really going on?...what does the future hold? (see link)...there are clearly many forces in play here...especially Inflation recently, which is largely due to COVID and Putin...not Joe Biden.

All of us have worries...but we don't need to add unnecessary ones...so, as an American citizen, enjoy the good news when it comes your way.


Link: https://www.dallasfed.org/research/economics/2022/0215.aspx