Gregory's ServerThat's a hell of an understatement. We've got *store managers* sleeping in cars these days. It's a full-on stagflation crisis—wages down, layoffs widespread, cost of living through the roof—and no one's admitting it.
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 Yep. Getting paid poverty wages also, perversely, counts as “employed”. If there were a hypothetical unemployment figure that only counts Boomer-era blue-collar wages, that hypothetical unemployment rate would be 90+%. By “Boomer-era blue-collar wages” I mean enough to pay for a house, a car, the equivalent of a pension contribution, and the living expenses of a family of four, including food, health care, home goods, clothing, and school supplies. Why the hell people aren't angrily demanding that stolen prosperity be restored to us, I cannot fathom. Absolutely mind-blowing that all that has been taken from us, and people just shrug their shoulders.  We all take signals from our surroundings. Media generally doesn't help and there is a certain loss of RL social cohesion. I think the labor movement will change this over time, but the situation is dire right now. |
@argv_minus_one @AuthorJMac
Employment stats say if you work 1 hr a week, that's "employed".
"The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994."
https://www.shadowstats.com/alternate_data/unemployment-charts