LogFAQs > #907843160

LurkerFAQs, Active DB, DB1, DB2, DB3, Database 4 ( 07.23.2018-12.31.2018 ), DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicLive: President Trump takes the stage at his rally in Indiana.
sktgamer_13dude
08/30/18 9:36:32 PM
#82:


Kazi1212 posted...
sktgamer_13dude posted...
Low unemployment literally means nothing by itself.

Say you have 100 workers and 10 dont have jobs and are actively looking for jobs/fit unemployment, thats 10% unemployment. Next month you have the same 100 workers and the 10 give up looking for a job and no longer fit what unemployment is, technically your unemployment is 0%, but no jobs were created and its at an all time low!


Thats why you look at U5 and U6 data, which is also near all time lows:

https://www.macrotrends.net/1377/u6-unemployment-rate

Way to completely not read my post.

Low unemployment literally means nothing by itself.
---
... Copied to Clipboard!
Topic List
Page List: 1