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It's nonsense. Unemployment is at a 50-year low.
by Bud 4y ago
It's nonsense.
Unemployment is at a 50-year low.
- simoncion 4y agoI don't see why "Many-to-most people have to have two part-time jobs to make ends meet" precludes unemployment being at a 50-year low. What am I missing?
- JumpCrisscross 4y ago> don't see why "Many-to-most people have to have two part-time jobs to make ends meet" precludes unemployment being at a 50-year low Full-time employment is at a record high [1]. Multiple job holders are about 1mm over the pre-pandemic peak, but below trend and not cannibalising FTE [2]. [1] https://fred.stlouisfed.org/series/LNS12500000 https://fred.stlouisfed.org/series/LNS12500000 [2] https://fred.stlouisfed.org/series/LNS12500000 https://fred.stlouisfed.org/series/LNS12500000
- simoncion 4y agoAh. I was missing the part that OP didn't mention at all. Thanks much for filling in the gaps in the explanation.