The 1.7 million workers hired in the first quarter produced negative output

Total number of workers increased by 1.7 million in the first quarter of this year, yet total output fell by 1.4%.

Initially, the number released for economic activity in the first quarter of this year did not make sense. Total employment increased by nearly 1.7 million workers, yet total output declined. How is that possible?

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Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.