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Except that's not how unemployment is measured. It's measured by people seeking work, not by job openings. [0] If you really think it's an illusion, a better ar
by Zanni 7y ago
Except that's not how unemployment is measured. It's measured by people seeking work, not by job openings. [0] If you really think it's an illusion, a better argument would be that people are dropping out of the workforce, i.e. no longer seeking jobs.
[0] https://courses.lumenlearning.com/boundless-economics/chapter/measuring-unemployment/ https://courses.lumenlearning.com/boundless-economics/chapte...