Comment by piloto_ciego

10 hours ago

Didn’t I just see a thing about how actual unemployment is at like 24% a few days ago?

According to that interpretation, ~24% is one of the lowest ever.

https://www.lisep.org/tru

(I have not gone down the rabbit hole to understand how they achieve that 24% number)

  • Workforce participation is different than unemployment. Didn't click the link but I suspect that's the case with your 24%

    • 24% sounds correct to me. Many of my friend who completed phd are currently unemployed .... And, some of them started doing random job like uber to make a living.

      If government don't step up and regulate outsourcing like 100% tax, big problems are coming up.

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