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I'm pretty confused here. The graph implies unemployment is among the lowest it's been in decades? Is that right? Also where does the discrepancy come from? Th
by andai 1mo ago
I'm pretty confused here. The graph implies unemployment is among the lowest it's been in decades? Is that right?
Also where does the discrepancy come from? That's a huge difference (5x!) with the official stat!
Is this actually measuring "underemployment", i.e. people who wish they were working full time but are stuck with some bullshit jobs? (And by bullshit I don't mean what Graeber means, but "this pays like crap and melts my brain but I can't find anything better.")
- pas 1mo ago> Is this actually measuring "underemployment" Sort of. It's "all of the above". So basically low demand for labor. * Looking for a job. * People who don't work full time but want to. * Poverty wages. (below $26,000 (in 2025 dollars) annually before taxes)