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by qeternity
2063 days ago
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> So obviously the problem was that the labor market was broken if the best they could find was that? How does this imply that it's broken? Economies at their core are systems to distribute scarce resources. It's entirely possible (bordering on likely given pandemic) that this is the best employment opportunity for many drivers. > The end result, and a measure of success here would be a higher unemployment. Uh, ok...right. |
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The best opportunity being a bad one was my reason for calling it "broken".
> Uh, ok
Unemployment alone wouldn't be a measure of a good labor market, but a good labor market can have high unemployment as an expected side effect. It's only a "better" situation, if the unemployed people are better off in that labor market too (i.e. social safety nets exist).