this post was submitted on 12 Feb 2025
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Original URL where the cowards have changed the title now: https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

Any fucking questions

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[–] cayde6ml@lemmygrad.ml 0 points 1 week ago* (last edited 1 week ago) (1 children)

Do you have some reading about where or how you came to that conclusion? I'm not overly doubting you, I'm excited to read.

Edit: Wow, I'm kind of an idiot. I don't remember seeing that in the description.

[–] King_Simp@lemmygrad.ml 7 points 1 week ago (1 children)

]:;

It's the article I'm replying too here. (Also the top comment has a link to a site the writer has made which tracks it over time)

[–] cayde6ml@lemmygrad.ml 4 points 1 week ago (1 children)

Crap, I'm an idiot. I speed-read part of the description and just now properly read it.

[–] Maeve@lemmygrad.ml 2 points 1 week ago

It happens. Steve Bannon's flood the zone is a deliberate tactic.