Those are monthly numbers. The 500k should probably be anchored to the last revision, I guess a year ago. (Also, I saw somewhere that this 500k represents 0.3% of the entire employee base.)
The underlying methodology for the BLS model is prone to serious bias and brittle. You can see this in the level of disagreement between the BLS numbers and the widely cited ADP numbers. The ADP numbers also have significant fundamental bias, but it is an entirely different kind of bias so both models capture effects that are largely invisible to the other. For Americans in most parts of the US, I think the ADP numbers are a bit closer to ground truth but take either with a large grain of salt.
However popular that aphorism is, it isn't actually the definition of insanity.
The former might be a form of the latter, but you can certainly be insane in other ways.
> Insanity is the wrong term, because it would imply repeating something that has already failed.
ie suggesting the opposite of your point; that the term "insanity" is more narrowly defined rather than broadly defined.
No it doesn't. You might be thinking of that meme often miss-attributing that alternative definition as an Einstein wisdom; but that quote is about as accurate as the claim of who said it.
https://lahood.house.gov/media-center/press-releases/lahood-...