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Unemployment is a tricky stat, which according to BLS conveniently excludes unemployed people who "haven't looked for a job in 4 weeks." And then knowing how di
by ethagknight 4y ago
Unemployment is a tricky stat, which according to BLS conveniently excludes unemployed people who "haven't looked for a job in 4 weeks." And then knowing how difficult it is to pull hard information out of these poverty stricken areas, especially hidden homeless, I feel confident the whole picture is being blurred intentionally.
I live in a high poverty city with wondrously low "unemployment" but a high number of people who don't have jobs. The answer: if you can qualify for a job, yes you can get a job, but a lot of people do not qualify for anything worthwhile, so why try?
- mrep 4y agoU6 is also at an all time low: https://fred.stlouisfed.org/series/U6RATE https://fred.stlouisfed.org/series/U6RATE