this post was submitted on 06 Feb 2024
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politics

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[–] Glitchington@lemmy.world 14 points 9 months ago (1 children)

"Jobs" might be the worst metric to look at overall. How many of those jobs are part-time? How many of those jobs include health insurance? How many of those jobs pay a living wage? How many people have to have two or more of those jobs out of necessity?

Hell, how many of those "jobs" are listings that companies never intend to fill? I've seen countless listings for high qualification jobs offering poverty wages with no benefits.

[–] Semi-Hemi-Demigod@kbin.social 4 points 9 months ago

The way they calculate the unemployment number makes that metric even worse. If everyone looking for a job gave up the unemployment rate would fall to 0, because it only counts people who are looking for work.