2 ms·
> just say the thing it is Well, 47.2% of the U.S. population does not have a job, and the headline was "Almost half of the U.S. population does not have a job
by FabHK 6y ago
> just say the thing it is
Well, 47.2% of the U.S. population does not have a job, and the headline was "Almost half of the U.S. population does not have a job" - what are you objecting to?
(Note: that is the headline of the Axios article - I don't know what the old headline of the HN submission was.)
This does not mean that the unemployment rate is 52.8% - and that is not what the headline claims.
FWIW, all the main indicators show a massive spike:
* Employment-Population Ratio (discussed here) https://fred.stlouisfed.org/series/EMRATIO https://fred.stlouisfed.org/series/EMRATIO
* Labor Force Participation Rate https://fred.stlouisfed.org/series/CIVPART https://fred.stlouisfed.org/series/CIVPART
* Unemployment Rate https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/UNRATE