3 ms·
In that case US unemployment is something like 10-15%, not the 5.6% number that's being heralded as a success.
by msandford 12y ago
In that case US unemployment is something like 10-15%, not the 5.6% number that's being heralded as a success.
- enraged_camel 12y agoThis is what I was saying in the other thread. The number of people employed "full-time" on paper doesn't say much about the health of the economy.
- zokier 12y ago> The number of people employed "full-time" on paper doesn't say much about the health of the economy. No single number is going to say much about the health of the economy, that much is obvious.
- IndianAstronaut 12y agoMedian wage is a pretty good number to look at. It measures growth in income levels for the guy in the middle. It isn't as skewed by overall GDP growth which nowadays means money to the top.