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We’re measuring a boolean aren’t we? You either have at least one job or you have no jobs. The fewest number of people who want jobs can‘t find one since 1969.
by MBCook 4y ago
We’re measuring a boolean aren’t we? You either have at least one job or you have no jobs.
The fewest number of people who want jobs can‘t find one since 1969. That’s great.
But that won’t tell us how useful the job is. If the job from 1969 paid 3x what a job today pays (after inflation) then a person working the same number of hours in a minimum wage job today may need assistance where the 1969 person didn’t.
(3x was just an example BTW)
- NovemberWhiskey 4y agoIt's not like SNAP is going away: if unemployment is lower but people are working lower paying jobs, those people are going to qualify for SNAP on the same basis as prior to the pandemic.