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Unemployment has become a bullshit political statistic designed to exclude minorities, which became the racist standard Under Clinton with the introduction of "
by williamDafoe 7y ago
Unemployment has become a bullshit political statistic designed to exclude minorities, which became the racist standard Under Clinton with the introduction of "discouraged" workers (not employed and not unemployed!). A much more meaningful number is the employment population ratio, age 25-54, can you see the big difference Trump made? I knew you couldn't ... https://fred.stlouisfed.org/series/LNS12300060 https://fred.stlouisfed.org/series/LNS12300060
- zanny 7y agoHaving all of your population employed isn't even necessarily a good thing. You can see low participation in the metered labor market when individuals are prosperous, well off, and self sufficient enough to avoid the rat race. It only means more poverty when lower employment means lower wealth.
- factsaresacred 7y ago> can you see the big difference Trump made? It's at it's highest level since 2007.
- jml7c5 7y agoI'm not sure that the partisan tone here is necessary. That said: can you elaborate on how the discouraged workers metric is racist? Also, do note that this article uses labor input utilization rate, which has nothing to do with the unemployment measurements you're referring to.