3 ms·
You sure its just the 3.4%? 5% is considered 'full employment' so 3.4 should be some of the best times in history. How many people are employed but are in a jo
by saturn8601 2y ago
You sure its just the 3.4%? 5% is considered 'full employment' so 3.4 should be some of the best times in history.
How many people are employed but are in a job that barely provides enough money to survive? How many people are working 2 or even 3 jobs just to barely survive? Those people would be counted as 'employed'. You should look at these other groups of people before making judgement.
- fifilura 2y agoI don't make judgement. I just read the link, and the source seemed reputable. But all I hear is "we want factory work back to Pennsylvania". If the jobs pay too low, why would you want even more low paying jobs back to USA, sewing t-shirts, making sneakers, working in a factory? And - specifically - why do the people that want that get so much influence?
- alain94040 2y agoThere are several different definitions of unemployment rates: U-3, U-6, etc. Are you sure you are comparing using the same definition? See for instance https://www.investopedia.com/articles/investing/080415/true-unemployment-rate-u6-vs-u3.asp https://www.investopedia.com/articles/investing/080415/true-...