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[–] 3 points 3 years ago (1 child)

Unemployment is one of the most cooked statistics by the federal government; they have several so they can choose the most ideal to report. The real issue is that unemployment also accounts for people who left the market, aka disabled, left-behind, or those with long term disability due to COVID. So unemployment looks great when you remove all the people deemed not fit for capital to exploit further.

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  • [–] 1 point 3 years ago

    Its difficult to find a good measurement for a country's success. See Campbell's Law. But yeah, unemployment has been a bad metric from the start. They just keep using it because people don't know it's a bad metric.

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