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Unemployment is low because the economy is growing, and our population has been getting older on average. We have many different ways of measuring unemployment
by okaram 3y ago
Unemployment is low because the economy is growing, and our population has been getting older on average.
We have many different ways of measuring unemployment, which count different things. For example, employment to population ratio of prima age (25-54) is at 80.8%, just shy of the all time high of 81.9%.
It is very different than China, and there's no information being hidden.