• skuzz@discuss.tchncs.de
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    14 days ago

    low unemployment

    Unemployment is a flawed 6-month rolling window metric that is ostensibly meaningless.

    • Drusas@kbin.run
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      14 days ago

      It’s also bullshit that it doesn’t include people who want employment but have given up due to being unable to find adequate employment.

    • Varyk@sh.itjust.works
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      14 days ago

      It is pretty significant in terms of how many jobs are filled within a totally economy, spending trends, which affects how strong the dollar is.

      It’s an important metric, important as any other anyway.