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> the net gain in jobs since 2000 still stands at zero Reads surprising to me. The population of US rose since 2000, so to have net gain zero the employment ra
by avmich 10y ago
> the net gain in jobs since 2000 still stands at zero
Reads surprising to me. The population of US rose since 2000, so to have net gain zero the employment ratio has to fall compared to 2000 - but it's pretty high today. Hm?
- greeneggs 10y agoIt's not close to being true. https://data.bls.gov/cgi-bin/surveymost?ln https://data.bls.gov/cgi-bin/surveymost?ln
- PeterisP 9y agoThere has been something like a 10% increase in the total number of employed people since 2000, but employment ratio (labor force participation rate) has significantly fallen since that, it used to be 67% and is ~62% now.