XPost: alt.fan.rush-limbaugh, can.politics, alt.politics.liberalism
XPost: alt.politics.democrats, alt.politics.usa.republican

Unemployment Is Low, But So Is The Labor Force Participation Rate

Wanna bitch about the source being a right-wing lie-site. Go ahead.

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Unemployment Is Low, But So Is The Labor Force Participation Rate

The U-3 unemployment rate is the one you hear reported on the news, BUT IT DOES NOT PROVIDE A COMPLETE PICTURE OF EMPLOYMENT in the U.S.. this is BECAUSE IT FAILS TO INCLUDE PEOPLE WHO ARE NOT FULLY PART OF THE LABOR FORCE OR WANT FULL- TIME WORK BUT CAN ONLY FIND PART-TIME JOBS.

Key takeaways

Unemployment has consistently fallen since December 2021
One factor behind declining unemployment could be a slow recovery in the labor force participation rate since the onset of COVID
Labor force participation has been on a downward trend for decades due to an aging population and other factors

Unemployment is one of the most important measures that economists track to gauge the health of an economy. In general, low unemployment rates mean an economy is strong because most workers can find jobs.

In the U.S., unemployment has remained relatively low over the past year despite concerns about an oncoming recession. However, low unemployment could be partially due to a low labor participation rate. This could be a bad sign for the economy moving forward (but Q.ai can help).

How is unemployment measured?

One thing that many people may not be aware of is that the Bureau of Labor Statistics uses multiple measures of unemployment. There are a total of six different unemployment rates that it keeps track of:


U-1: People who are unemployed for 15 weeks or more
U-2: Those who lost jobs and people who finished temporary jobs
U-3: Total number of people unemployed (official unemployment rate)
U-4: Total number of unemployed and discouraged workers
U-5: Total unemployed, including discouraged workers and all other persons marginally involved in the labor force
U-6: Total unemployed, plus everyone marginally attached to the labor force, plus the total employed part-time for economic reasons


The U-3 unemployment rate is the one you hear reported on the news, BUT IT DOES NOT PROVIDE A COMPLETE PICTURE OF EMPLOYMENT in the U.S. This is because it fails to include people who are not fully part of the labor force or want full- time work but can only find part-time jobs.

IT ALSO DOESN'T INCLUDE PEOPLE WHO ARE NOT LOOKING FOR WORK, whether or not they would like a job. Since the official unemployment rate fails to consider people who aren't looking for a job, it is directly impacted by the labor participation rate.

For example, in an economy with 100 people that has only one person employed, the unemployment rate could be 0%, assuming none of the other 99 are looking for work.

[...]

And now, for the moment you've been waiting for... the source:

LEFT-WING Forbes.

https://www.forbes.com/sites/qai/2023/01/25/unemployment-is-low-but-so-is-the- labor-force-participation-rate---whats-going-on-in-the-us-labor-market/?sh= 8c12761244ed

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Joe Biden Is A Racist

"Americans can't distinguish "between a South Korean and someone from
Beijing." - Joe Biden

Yup... they all look alike, Joe.

Old-Rich-White-Religious Freak, Joe Biden Bragged About His Ability to Work With Racists

Old-Rich-White-Religious Freak, Joe Biden Brags About a Segregationist Democrat Not Calling Him "Boy" Like He Did Others

Used Racist Term "Roaches" to Describe Black Kids Who Felt His Hairy Legs

Praised Democrat Segregationist Sen. John Stennis(D) as "Man of Character"

"Segregation Is Good for Black People" - Joe Biden

"(The) Democrat Party Needs More People Like Racist Democrat Governor George Wallace." - Joe Biden

Gave Speech About What's "Good for the Negro"

"... if you have a problem figuring out whether you're for me or Trump, then you ain't black..." - Joe Biden

"If my opponent wins, they're going to put y'all back in chains." - Joe Biden

Funny, since Democrats have been KEEPING Blacks "in chains" for 60 years, and PUT them there, in the first place. Lincoln and Frederick Douglas and H.R. Revels, Benjamin S. Turner, Josiah T. Walls, Joseph H. Rainey, Robert C. De Large, Jefferson H. Long, R. Brown Elliot were ALL Republicans

http://www.wordfoundations.com/wp- content/uploads/2016/08/First_Colored_Senator_and_Representatives.jpg

"Unless we do something about this, my children are going to grow up in a jungle." - Joe Biden

Jungle: Slang term for a city or urban area.

"You cannot go to a 7-Eleven or a Dunkin' Donuts unless you have a slight Indian accent. I'm not joking." - Joe Biden

Only people from India can work at 7-11?

"Poor kids are just as bright and just as talented as white kids" - Joe Biden... as opposed to "White Kids"? That would imply all poor kids are Black.

"I do not buy the concept, popular in the '60s, which said, "We have suppressed the black man for 300 years." - Joe Biden

Seems that THAT'S exactly what Democrats have been saying, ever since they found out that they could buy their votes so easily with free shit.

"I mean, you got the first mainstream African American who is articulate and bright and clean." - Joe Biden

What... they're not SUPPOSED to be?

"We (Delawareans) were on the South's side in the Civil War." - Joe Biden

"I mean these Shylocks (Jews) who took advantage of, um, these women and men while overseas." - Joe Biden (Not "racist", per se, but still...)

--- SoupGate-Win32 v1.05
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