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Topic	US jobless claims hit 2-year high
Gakk86 12/12/19 12:25:18 PM #10:	Megaman50100 posted... Also unemployment stats that are based in people claiming unemployment benefits ignores a large portion of people who aren't working but don't claim benefits or people who arent working and claiming disability. Man with family was making 90k and loses that job. The only other job he can find is 40k. His wife and one of his kids get part time jobs for 10k each. That family probably loses their home and their lives are much worse. America treats this as a big win because now there are 3 jobs instead of 1! The whole calculus is completely bullshit. What really matters is wages, which have been stagnant for decades as the buying power of the dollar tunnels towards the earth's core. --- All generalizations are false, including this one. <cite>Gakk86 posted [p:931473145] in US jobless... [t:78248282]...</cite> <quote>Megaman50100 posted... </cite> <quote>Also unemployment stats that are based in people claiming unemployment benefits ignores a large portion of people who aren't working but don't claim benefits or people who arent working and claiming disability.</quote>Man with family was making 90k and loses that job. The only other job he can find is 40k. His wife and one of his kids get part time jobs for 10k each. That family probably loses their home and their lives are much worse. America treats this as a big win because now there are 3 jobs instead of 1! The whole calculus is completely bullshit. What really matters is wages, which have been stagnant for decades as the buying power of the dollar tunnels towards the earth's core. --- All generalizations are false, including this one.</quote> ... Copied to Clipboard!
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