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As interesting as it would be to have this in the near future, I'd agree with you. We would need a semi-permanent 16%+ U6 unemployment before its likely tho. A
by fweespeech 11y ago
As interesting as it would be to have this in the near future, I'd agree with you.
We would need a semi-permanent 16%+ U6 unemployment before its likely tho. As long as ~90% of the people who want full time jobs can find full time jobs, there simply isn't going to be enough momentum for it.
When automation cuts out the bottom 10% or so of the employment market is when it'd happen.
- ThrustVectoring 11y agoI'd like to mention that disability rates are another good measure for what you're looking for, since things like "local lumber mill closes, former employees aren't educated enough to get a job afterwards" cause people to go on disability benefits.