Those previous recessions were marked by high unemployment, right? But currently we have record low unemployment. Is the high unemployment on its way, or is this something new?
I guess it depends on how you define unemployment.
Over half of of employed people nowadays don't make enough to pay their fundamental bills and/or live paycheck to paycheck and have to take up huge debt to make it every month.
so while they technically have a "job"...is it really if it doesnt cover their bills?
classifying something as a job is extremely bullshitable.
Over half of of employed people nowadays don't make enough to pay their fundamental bills and/or live paycheck to paycheck and have to take up huge debt to make it every month.
so while they technically have a "job"...is it really if it doesnt cover their bills?
classifying something as a job is extremely bullshitable.