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Re: "nonsensical conspiracy theory." I'm not with any candidate, but I don't think it's a conspiracy. And I think it makes sense. I think the point is that many
by jimmydddd 10y ago
Re: "nonsensical conspiracy theory."
I'm not with any candidate, but I don't think it's a conspiracy. And I think it makes sense. I think the point is that many people have given up looking for work and are no longer counted as unemployed in the statistics. Many speculate that this number is larger than in the past, due to corporate downsizing and automation. So, even if the amount of people who have given up looking was always ignored in statistics in the past, it's not an apples to apples comparison because that ignored number is now larger than in the past.
Also, while the second link shows data for Marginally Attached Workers, the government definition for that term is those who have looked in the last 12 months. So those who have given up for more than 12 months are not considered unemployed. See also discouraged workers.