4 ms·
Kinda annoying that they compare FTEs against the size of the whole population and not against the labour market. It doesn't change the conclusion, but it's pro
by strken 3y ago
Kinda annoying that they compare FTEs against the size of the whole population and not against the labour market. It doesn't change the conclusion, but it's probably close to a quarter or a third of workers, given the LFPR is usually 60-something%.
Including kids, retirees, anyone with a medical condition or disability, etc. in the other 80% isn't accurate, since a retired FTE or the child of two FTEs belongs in the top class still, and the permanently disabled or chronically unemployed are in a different situation.