[Loughla]

You're being a bit extreme, but I would like to hear the argument of why unemployment being low is automatically a positive.

I think it's more nuanced in the types of employment and pay. But I'm also sure I don't even know where to go to get that data.

[jdminhbg]

“Unemployment” is people who are trying to find work divided by themselves + people working. If everyone is living a life of leisure, it will still be low.

[temende]

> If everyone is living a life of leisure

Isn't that the sign of a good economy then?

[jdminhbg]

Yes, unemployment is a good statistic in that case because it only measures those who are trying and failing to find a job, not those who don’t want or need one.

[marcosdumay]

Well, people are in a much better negotiation position when their next option is some minimum wage undesirable work, instead of no work at all and being unable to survive.

[111111IIIIIII]

That is the point. Having a job does not mean making a living or having any dignity.