They don’t count jobs lost, because you can’t. All they say is that the remaining jobs pay more on average. Duh.
Why not raise it to $100/hr and we would all be rich...lol.
They also don’t count the jobs that were NEVER created to begin with. For them it is a great advantage.
The plain fact is that GOVERNMENT cannot “create” private sector jobs. All any government can, and is charged with doing, is to “create” an atmosphere than encourages business to exist, to grow, to hire, and to plan for the future.
This can be easily understood by studying the governments of states that see ever shrinking economies and those that have created that atmosphere which encourages. These are the states that are magnets for business.
As for small business, the greatest job “creator”, countless thousands are keeping a lid on their own growth.
Let any business hire just ONE too many workers, and they become the target-of-the-day for a division of government regulators and bureaucrats.