4 ms·
Agreed, I am a freelancer making six figures married and my wife hasn't worked since we were dating. So according to their definition my wife is unemployed, not
by acruns 6y ago
Agreed, I am a freelancer making six figures married and my wife hasn't worked since we were dating. So according to their definition my wife is unemployed, not making a "living wage" and so am I. This is a perfect example of why I pay little attention to the news. They or their editor must have known this was bs but decided to publish it anyway for the clicks.
- rexreed 6y agoExactly. What is currently touted as an Unemployment number should be renamed: "% of those who are seeking full-time employment but not currently full-time employed". Perhaps "Unfulfilled Job Seekers" might be a better term than "Unemployed". The other measure should be "% of working age Households where household income is not at or above average living wage adjusted by region". Then that is a measure of income and poverty and not a measure of "who has a full time job"
- nradov 6y agoWhose definition are you referring to? The official BLS unemployment statistics only include people who are actively looking for work, so they wouldn't count your wife as unemployed.
- sudosysgen 6y agoWhat? No, not at all. According to the definition of the article you aren't included because you aren't looking for a job.
- guerby 6y agoWhen I looked at this a while ago I selected the male 25-54 years old population to remove situations like the one of your wife, schooling, and retirement. Graphs are a bit old: http://guerby.org/blog/index.php/2010/01/31/211-larry-summers-lit-mon-blog http://guerby.org/blog/index.php/2010/01/31/211-larry-summer...