Comment by raspasov

11 hours 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.

    • 24.9% is damn close to the 24.8% average over the ast 25 years, for the thing it's measuring-- jobless, people working part-time or involuntarily, and workers earning less than $26,000. Since 2000, it's been over 30% for more years than it's been under 24%.