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discussion from last night: http://news.ycombinator.com/item?id=3877179 http://news.ycombinator.com/item?id=3877179 As I said then, it's worth noting that acco
by magicalist 15y ago
discussion from last night: http://news.ycombinator.com/item?id=3877179 http://news.ycombinator.com/item?id=3877179
As I said then, it's worth noting that according to this analysis, we're at an all time high of 53% jobless or underemployed, but the all time low was 41% (right before the dot com crash). 4/10 vs 5/10. Oh no.
With only two data points (and some probable error estimates), I don't think we're looking at enough of a trend to hang a narrative on.
Also, as this article notes, it's suspicious that a significantly higher percentage of college graduates under 25 are unemployed compared to all people under 25, considering that without an age limit the ratio is close to 2:1 the other way. Without actual data and without a plausible mechanism of action, I'll remain skeptical.