this post was submitted on 13 Sep 2023
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Work Reform

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[–] [email protected] 8 points 1 year ago (1 children)

I think he means 40 to 50% higher than now. It’s historically quite low at the moment.

[–] [email protected] 4 points 1 year ago (1 children)

It is low now, but also (in the US) the last few administrations played games with how they defined it, mainly by excluding people who had basically given up on finding employment.

[–] [email protected] 3 points 1 year ago (1 children)

That’s nothing new. That’s how it’s always been defined. I’m not unemployed if I’m not looking for work. Otherwise housewives would be unemployed, disabled people, pensioners, etc.

The one weird part is people transitioning just are counted towards the unemployed numbers even though they have a job coming.

[–] [email protected] 2 points 1 year ago (2 children)

They expanded the definition 5-10 years ago at various times, which resulted in a lower reported rate.