by Summary:
Maybe socialism in the 1970's wasn't so bad after all. KV In the USA, "the percentage of the population that is employed has barely budged since the depths of the last recession." "According to John Williams, if honest numbers were being used the unemployment rate would actually be 21.5 percent today. "The government has simply been moving people from the 'officially unemployed' category to the 'not in the labor force' category for many, many years. "If we use the government's own numbers, there are nearly 102 million working age Americans that do not have a job right now. "That is higher than it was at any point during the last recession." The Real Economic Numbers: 21.5 Percent Unemployment
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Maybe socialism in the 1970's wasn't so bad after all. KV In the USA, "the percentage of the population that is employed has barely budged since the depths of the last recession." "According to John Williams, if honest numbers were being used the unemployment rate would actually be 21.5 percent today. "The government has simply been moving people from the 'officially unemployed' category to the 'not in the labor force' category for many, many years. "If we use the government's own numbers, there are nearly 102 million working age Americans that do not have a job right now. "That is higher than it was at any point during the last recession." The Real Economic Numbers: 21.5 Percent Unemployment
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
Maybe socialism in the 1970's wasn't so bad after all. KV
In the USA, "the percentage of the population that is employed has barely budged since the depths of the last recession."
"According to John Williams, if honest numbers were being used the unemployment rate would actually be 21.5 percent today.
"According to John Williams, if honest numbers were being used the unemployment rate would actually be 21.5 percent today.
"The government has simply been moving people from the 'officially unemployed' category to the 'not in the labor force' category for many, many years.
"If we use the government's own numbers, there are nearly 102 million working age Americans that do not have a job right now.
"That is higher than it was at any point during the last recession."