Hacker News new | ask | show | jobs
by saturn8601 431 days ago
You sure its just the 3.4%? 5% is considered 'full employment' so 3.4 should be some of the best times in history.

How many people are employed but are in a job that barely provides enough money to survive? How many people are working 2 or even 3 jobs just to barely survive? Those people would be counted as 'employed'. You should look at these other groups of people before making judgement.

2 comments

There are several different definitions of unemployment rates: U-3, U-6, etc. Are you sure you are comparing using the same definition? See for instance https://www.investopedia.com/articles/investing/080415/true-...
I don't make judgement. I just read the link, and the source seemed reputable.

But all I hear is "we want factory work back to Pennsylvania".

If the jobs pay too low, why would you want even more low paying jobs back to USA, sewing t-shirts, making sneakers, working in a factory?

And - specifically - why do the people that want that get so much influence?