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by angoragoats
590 days ago
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To be clear, I was only responding to your first statement about “how bad the job market's been.” You can click through to the BLS survey to read more about their methodology, but the job growth number of +254k jobs in September only includes payroll employees. And reading the report would tell you that they do, in fact, track underemployment (people who worked part time but would have preferred full time employment). And neither job growth nor the unemployment rate has anything to do with “averages.” Can you provide any data to refute the numbers I shared? Because again, the job market is looking pretty good to me. |
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This is why everyone hates economists. They have zero insight into how lives are for ordinary people. I applied for a job at grocery stores and fast food restaurants. I did not get ONE call back from any of these places.
Also another thing -- they keep saying rate of inflation is now under control. Well guess what, the prices went up and have not come down. Wages did not keep pace with the high rate of inflation so unless you can have negative inflation somehow, there is still constant pain every day, every month. I mean it is so obvious and yet economists chase spherical cows...