4 ms·
>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 partici
by 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.