3 ms·

But you're not poor. Wages have risen rapidly for low- and middle- earners. In the United States, unemployment is at or near all-time lows.

Lacerda69 3y ago
Right, all humans live in the United States.
lukan 3y ago
The peasant/slaves of all realm were not out of work either ... Also you don't know, where the oerson you replied to lives. In many places around the world inflation is rising a lot more, than the wages.
Symmetry 3y ago
On the other hand lower earners are more exposed to things like credit card interest rates. Which isn't to say that that swamps the wage increases, just that the picture is complicated.
wakawaka28 3y ago
>In the United States, unemployment is at or near all-time lows. According to fake government stats that have changed drastically over time to sweep problems under the rug. If you believe the labor market is good, I have a bridge to sell you. Also, wages went up significantly for a bit, but nowhere near enough to match inflation.
- PaulDavisThe1st 3y ago
  Please indicate which measure of unemployment you would accept, and make sure it will be your choice regardless of any political or economic changes, because I'm going to snapshot your answer and remind you of it under very different conditions.
  - wakawaka28 3y ago
    How about the percentage of people out of work or working 2 days per week or less, who indicate they want to work more? You think you're being clever but I've been saying the numbers are wrong since at least 2009. Also I would accept total population minus people working less than 15 hours per week (equivalent) plus the number of deliberately retired people and minors. Thanks.
    - PaulDavisThe1st 3y ago
      I do not think I am clever. I'm asking for a measure of unemployment that will stand the test of time, as well as political change. There are many existing measures, and many reasons to criticize each one of them, but this interests me less than knowing what the critics of all of them think we should be measuring.

Lacerda69 3y ago

Right, all humans live in the United States.

lukan 3y ago

The peasant/slaves of all realm were not out of work either ... Also you don't know, where the oerson you replied to lives. In many places around the world inflation is rising a lot more, than the wages.

Symmetry 3y ago

On the other hand lower earners are more exposed to things like credit card interest rates. Which isn't to say that that swamps the wage increases, just that the picture is complicated.

wakawaka28 3y ago

>In the United States, unemployment is at or near all-time lows. According to fake government stats that have changed drastically over time to sweep problems under the rug. If you believe the labor market is good, I have a bridge to sell you. Also, wages went up significantly for a bit, but nowhere near enough to match inflation.

PaulDavisThe1st 3y ago
Please indicate which measure of unemployment you would accept, and make sure it will be your choice regardless of any political or economic changes, because I'm going to snapshot your answer and remind you of it under very different conditions.
- wakawaka28 3y ago
  How about the percentage of people out of work or working 2 days per week or less, who indicate they want to work more? You think you're being clever but I've been saying the numbers are wrong since at least 2009. Also I would accept total population minus people working less than 15 hours per week (equivalent) plus the number of deliberately retired people and minors. Thanks.
  - PaulDavisThe1st 3y ago
    I do not think I am clever. I'm asking for a measure of unemployment that will stand the test of time, as well as political change. There are many existing measures, and many reasons to criticize each one of them, but this interests me less than knowing what the critics of all of them think we should be measuring.