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The headline unemployment rate for the US is misleading, if you look at overall work force participation it's going down. [1] And if you used some metric of job
by olefoo 14y ago
The headline unemployment rate for the US is misleading, if you look at overall work force participation it's going down. [1] And if you used some metric of job insecurity that took into account whether people were on flexible schedules, or if they were employed as "independent" contractors on some piecework scheme. I think you would find that metric rising steadily for the last two decades.
1. http://www.usatoday.com/story/money/business/2013/04/07/march-labor-force-participation/2057887/ http://www.usatoday.com/story/money/business/2013/04/07/marc...