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Every metric is a lossy compression algorithm of reality: “”Unemployment is another gamed metric. If you want to get a sense of unemployment, a graph of % empl
by mensetmanusman 1y ago
Every metric is a lossy compression algorithm of reality:
“”Unemployment is another gamed metric. If you want to get a sense of unemployment, a graph of % employed tells you more than some gamed number like "unemployment" since "unemployment" is a direct measure of political success.””
Even in this case, you may have to normalize to the population pyramid that is inverting because the age is shifting to much older than prior.