Well basically, the company she is working for has a hiring freeze. So any attrition isn’t being replaced.
I counted net minus two for that reason. She could just quit because economically with the tax increases it doesn’t make sense. It barely does now.
If she quit, they would not replace the position. They’d shuffle people they’re currently holding ‘on the bench’ into the position as they’re trying to avoid another ‘layoff’.
As for the nanny, that is a straight minus one job. There is an economic benefit to my family of my wife being a stay at home mother however from an employment standpoint, it’s not counted as employment. Doesn’t count towards GDP, the nanny’s wages do, and generates no tax revenue.
So net, unemployment goes up by 1 person, taxes go down by two people until the nanny finds another job. And before anybody disses my nanny, she works her ass off, makes good overtime and is middle class.
