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You need to understand, that unemployment is measured in reference to those collecting state unemployment benefits. Dropping out of the statistical labor force
by salawat 4y ago
You need to understand, that unemployment is measured in reference to those collecting state unemployment benefits.
Dropping out of the statistical labor force is as easy as resigning, not filing for unemployment, and not using any government job search systems.
I kind of have to laugh at the idea that that is how they measure the labor force. I often amuse myself of the shenanigans that would ensue if everyone coordinated a drop out at the same time. Be much like a bank run I suppose. I'd guess Capital would construe it as a coordinated strike and go after Congress to do something damnit. Imagining the outcomes of carefully cobbled together, yet fairly daft societal control metrics unravel is one of my precious few remaining sources of entertainment.