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Top-level
 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 3 comments
 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. |
Gregory's Server
@GhostOnTheHalfShell
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.
@AuthorJMac