3.5% unemployment rate but labor force participation rate down to 62%
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Poast new message in this thread
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Date: August 5th, 2022 6:30 PM
Author: ,,,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.
(Republican)
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970013) |
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Date: August 6th, 2022 9:07 AM
Author: ,,,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.
necessity of Clique Theory demographic analysis of unemployment rate being explained to flabbergasted Senators tp
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44972028) |
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Date: August 5th, 2022 6:30 PM
Author: ,,,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.
*lib scientists furiously adjusting statistics*
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970016) |
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Date: August 5th, 2022 8:52 PM Author: .,.,..;.;..,;,..,.,;.,
that's at least part of it imo. anyone who's making money on crypto, podcasts, any kind of niche high-end service provider, drop shipping, airbnb type stuff, etc. probably isn't reporting income. but i also think there are more people just receiving benefits, or sick from covid, than some ppl might expect.
edit: i'd be really interested to see labor force participation rates for women under 25 or 30 ... i'll bet it's dropped precipitously in the past 10 years
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970488) |
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Date: August 5th, 2022 6:32 PM
Author: ,,,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.
good one
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970026) |
Date: August 5th, 2022 8:42 PM
Author: .,.,.,...,,,,..,.,.,..,...,
How are people not working? COVID unemployment ran out a while ago unless I'm mistaken. How are people paying rent/mortgages, getting food, affording their Netflix sub, etc? Consumption isn't down enough for this to make sense. We're not living in pre-ITE times of easy credit either.
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970456) |
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Date: August 6th, 2022 1:37 PM
Author: ,,,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,.
you can just work for a while and then collect unemployment while benefiting from govt housing/food/healthcare. if you're intermittently unemployed you're going to show up in the unemployment statistics a lot, i would think
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44972939) |
Date: August 5th, 2022 8:59 PM Author: To be fair (Semi-Retired)
To be fair,
Haha one weird trick, sorry retard Trumpkins!
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44970512) |
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Date: August 6th, 2022 3:23 PM
Author: .,.,.,...,,,,..,.,.,..,...,
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44973394) |
Date: August 6th, 2022 4:11 AM
Author: .,.,,...,...,..,....,...,...,...
"Down to 62?" ROFL! I love all the trumpmos MAF in this thread who are apparently too stupid to look up the actual numbers:
https://fred.stlouisfed.org/series/CIVPART
The labor force participation rate was at about 63% pre-pandemic. It dropped significantly during the pandemic but has been trending upward ever since then. I guess technically it went from 62.4% in March to 62.1% now, but I'm going to say that's within the margin of error. Assuming that the very slight difference between February 2020 and now is not also rounding error, it is probably explained by people who took an early retirement when the pandemic hit. We are talking about tiny differences regardless.
(http://www.autoadmit.com/thread.php?thread_id=5167457&forum_id=2#44971725) |
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