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Labor participation rate is a better number to follow. The headline you are quoting assumes you have a job once your unemployment runs out. Look around any cit
by sroussey 8y ago
Labor participation rate is a better number to follow. The headline you are quoting assumes you have a job once your unemployment runs out.
Look around any city and see the homeless. It’s been increasing, and not just in SF.
- tryptophan 8y agoNo its not, unless of course you are implying the growing elderly population should be working and the fact that they are not is somehow a problem. The metric(U3/U6) has also been measured the same way forever. Is trumpler now measuring people as employed once their unemployment runs out at a greater/lesser rate than before? I would guess no. This means comparisons across time are valid, despite the metric having flaws.