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No, that's the U-3 number which is intended to measure people actively seeking work. It's true there's a lot of subtlety with measuring and understanding unemp
by newacct583 5y ago
No, that's the U-3 number which is intended to measure people actively seeking work. It's true there's a lot of subtlety with measuring and understanding unemployment statistics, but this argument is just spin, it doesn't hold.
The simple truth is that workforce participation in Montana (and the rest of the US) is actually quite high right now, especially given the pandemic context.
This policy is simply misguided, period. It targets the wrong people for the wrong things to solve a problem that doesn't exist. And it's actively harming the people who elected the government. All because the people making decisions choose to believe spin and not truths.
- after_care 5y agoYou stated your viewpoint, and claimed that the other point of viewpoint is “spin”. However you haven’t made a compelling argument why the opposing viewpoint is spin and why yours is better.
- alexilliamson 5y agoNor did the parent cite and actual number for the "quite high" workforce participation rate.
- salawat 5y agoIt does a pretty crappy jjob of acting as a proxy, as the only thing it does measure is people using state unemployment programs. Once you exhaust your benefit, or if you decide not to claim, you aren't counted. Some business models actually factor in usage of the unemployment system to provide continuity of workforce via keeping people solvent between rehires, further diluting the utility of the metric. After a certain age, there is a marked reluctance to hire on older workers that I've noticed, and far fewer older applicants in at least my field than I expected. It is not uncommon in so.e parts of the country for some people to be completely unaware that unemployment is even a thing they can avail themselves of, or if there is, there's so much stigma and saber rattling at "those damn fraudsters" that after you hear it enough you start to wonder whether you should really be collecting it at all. BLS - Better Lying with Statistics