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I wish we also tracked the number of jobs people had. Having 600,000 new jobs is good, except if a high percentage of those are second jobs.

• onlyrealcuzzo 7y ago
  We track unemployment (at several different levels). Isn't the relevant question how many people don't have a job? Or are under-employed?
  • humblebee 7y ago
    Far out hypothetical: Laws and regulations can be passed / amended that allow companies to cut the hours of employees by half and allow them to hire twice as many people. This produces more jobs, but I do not believe it's a positive. Maybe there is another metric that can be included to better represent if job grow is having a positive. Maybe under employed captures this. I don't know.
    • onlyrealcuzzo 7y ago
      U-6 captures that [= Source: https://www.bls.gov/news.release/empsit.t15.htm https://www.bls.gov/news.release/empsit.t15.htm