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>unemployment is so high Unemployment is actually not that high in the US. This is why I think a lot of policies people such as basic income, make work schemes
by IndianAstronaut 12y ago
>unemployment is so high
Unemployment is actually not that high in the US. This is why I think a lot of policies people such as basic income, make work schemes, etc are really not that needed right now. The economy is generating jobs.
- XJOKOLAT 12y agoBut how many of those jobs being generated are "high quality" and/or reasonable/high-paying jobs? I'd be interested in any stats which measure that - say, coming out of this recession versus previous recessions.
- IndianAstronaut 12y agoThis might be a place to start. http://www.bls.gov/jlt/ http://www.bls.gov/jlt/
- cmurf 12y agoU.S. unemployment is ~3x higher now than in 2007. A more important statistic is underemployment, and that's still high. And this includes part-time workers who can't find full time employment. While job growth is slightly positive overall it's extremely misleading for two reasons: a.) wages are flat to negative, b.) the grow is geographically disproportionate with more than 1/2 of U.S. states seeing negative job growth. Most of the gains have come in oil fracking boom states. That's a bubble about to pop due to downward pressure in oil prices, and New York state is just one of the first likely to ban the practice. So the state of employment in the U.S. is actually dismal.