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We have seen unemployment fall slightly below 2019 levels, but the more significant result of greater demand stimulation would have been reaching those levels o
by celtain 4y ago
We have seen unemployment fall slightly below 2019 levels, but the more significant result of greater demand stimulation would have been reaching those levels of unemployment much faster, rather than taking a decade to recover from the great recession.
- honkkong420 4y agoThat seems to be entirely explained by labor force participation. Note the skyrocketing amounts of people with more than one job