3 ms·
Did you read and understand this part on how you would go about including yourself in U-6? >Discouraged workers, a subset of the marginally attached, have give
by fuzzfactor 2y ago
Did you read and understand this part on how you would go about including yourself in U-6?
>Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work.
If it gets to the point where very many of the unfortunates can not give a reason and have it register, they're out of there.
Always have been when it's government malfeasance.
There's got to be an easy out or the sentiment could get so negative that the people that still have money will stop spending too, which is even worse. Remember how that was? That's why we don't have anything like Bell Labs today.
With things like this I think it's straightforward to indicate you don't have the experience without actually stating that you don't.
- lotsofpulp 2y ago>If it gets to the point where very many of the unfortunates can not give a reason and have it register, they're out of there. But still in labor force participation rate. The point is they are in the statistics, just look at the right statistics. It seems reasonable that even U-6 excludes people who would not be working regardless of what is going on in the economy, as it is trying to be the broadest measure of the ratio of people working who would be working if there were agreeable economic conditions.