1.3 Million Jobs Were Result of Double-Counting This Year, Heritage Economist Says

A man walks past a "We're Hiring" sign posted outside of a restaurant in Arlington, Va., on June 3, 2022. Olivier Douliery/AFP via Getty Images

The monthly U.S. jobs reports have topped market estimates many times this year, including the July and August non-farm payrolls reports, which showed 528,000 and 315,000 new jobs, respectively, higher than what many economists and analysts had initially projected.  

White House officials have taken victory laps on the data, noting that these numbers are proof the economy is strong and that President Joe Biden’s policies are supporting post-pandemic growth.