3 ms·
It just baffles me that in a city with supposedly lower-than-ever-before and decent for the country unemployment you'd get a turnout like this. (source: https:
by candiodari 10y ago
It just baffles me that in a city with supposedly lower-than-ever-before and decent for the country unemployment you'd get a turnout like this.
(source: https://www.bls.gov/news.release/metro.t01.htm https://www.bls.gov/news.release/metro.t01.htm Charlotte metropolitan area: 4.5% unemployment, pretty good non-coastal city)
- ryandrake 10y ago1. Unemployment nubmers do not adequately count the number of people unemployed. 2. The people who show up are not necessarily unemployed.
- candiodari 10y agoWell, sure. But the Fed keeps talking that unemployment is now low enough that it's driving up wages, and uh ... not in this case at least.
- azemetre 10y agoWhile percentages are low, you have to remember that 4.5% out of 2.5 million people is over 100K people without jobs. While the number of unemployment is exceptional for a metro area there is still a human element for those that are "behind." If there is an acceptable level of unemployment higher than zero percent, we have to take care of those who are unable to work otherwise you start a race to the bottom in work rights and labor laws.