propchef wrote:
ferndaleflyer wrote:
GoDucks you just don't understand how the system works---plenty of people getting paid to stay home.
Complete nonsense and has no bearing on this topic. We're at full employment and many hourly folks still work more than one job.
The government has six different official measures of unemployment - U1 thru U6. Pick the one that supports the story you like. Probably a better measure is the labor participation rate since it measures the percentage of people capable of working who are actually working and paying taxes. That number has declined.
The real question I think people should be asking is how can the unemployment rate DECLINE with an increasing population when there are fewer people employed now than when the unemployment rate was higher?
