March jobs data showed a recovery that was moving, but still far from finished
The March jobs report did not deliver a clean political talking point so much as a reminder that the labor market was still climbing out of a deep hole. The Bureau of Labor Statistics said on April 2, 2021, that nonfarm payrolls rose by 916,000 in March and the unemployment rate fell to 6.0 percent. It also said the gains reflected the continued resumption of economic activity after the coronavirus pandemic shut down large parts of the economy. That was real progress. It was not a full recovery. ([bls.gov](https://www.bls.gov/news.release/archives/empsit_04022021.htm))
The numbers undercut any easy victory-lap story. The unemployment rate was still 2.5 percentage points above its level in February 2020, before the pandemic hit, and the number of unemployed people remained 4.0 million higher than it had been before the crisis. Long-term unemployment was still elevated, labor force participation was still below its pre-pandemic level, and the share of people working part time for economic reasons remained high. In other words, the economy was improving, but the damage was still visible in the data. ([bls.gov](https://www.bls.gov/news.release/archives/empsit_04022021.htm))
That is where Donald Trump’s old economic bragging runs into a problem. Trump has long sold himself as the man who made the economy strong and as someone whose instincts can be read directly in market and jobs numbers. But the March report showed something more ordinary and less useful for political mythology: a reopening economy still healing after an extraordinary shock. The report supports a simple read — jobs were coming back — but not the more inflated claim that the recovery was already complete or that strength alone could erase the lingering slack. That is especially true when the labor market is still marked by people out of work, people underemployed, and people not yet fully back in the workforce. ([bls.gov](https://www.bls.gov/news.release/archives/empsit_04022021.htm))
So the political problem is not that the data were bad. They were not. The problem is that the data were incomplete. March 2021 showed a labor market gaining ground, but one that still depended on continued reopening and still carried the scars of the pandemic downturn. For Trump and the broader Trump-era sales pitch, that leaves less room for triumphant language than the spin would like. The numbers point to a recovery in motion, not a recovery finished.
Comments
Threaded replies, voting, and reports are live. New users still go through screening on their first approved comments.
Log in to comment
No comments yet. Be the first reasonably on-topic person here.