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Completely disagree. Yes there is some level of subjectivity here but the definition this article is using is muchcloser to the definition to what an uninformed
by anm89 6y ago
Completely disagree. Yes there is some level of subjectivity here but the definition this article is using is muchcloser to the definition to what an uninformed person would assume whereas the traditional definition is intentionally deceptive.
So no, it is not "the one true unemployment rate" but it is a lot truer as perceived by the average person than the standard definition.
- syndacks 6y agoYes, I completely agree with you. The top comment, like many top comments on HN, fails to understand the bigger picture/message, and instead nitpicks one thing thus making everything "false". It's a really, really said phenomena amongst this hyper logical crowd.