An example....my daughter, who is married, doesn't have a job. But her husband does.
Yet she's counted as unemployed.
I myself am retired so I fit in the 111 million "out of work".
Really need some better metrics on this.
That occurred to me too, that the 111 million includes retired people. It’s a big distortion of statistics to talk about retired people in the same category as actual unemployed people or people who are on public assistance and don’t work.
Yeah in typical Liberty Daily fashion, they are playing with the math to push an agenda. I happen to agree with the agenda and point here but it’s unnecessary dishonest reporting (again, typical of LD).
The numbers include:
Stay at home moms (and dads, fwiw)
People proving health care to family members
Retired people who have saved up plenty
A real analysis would be working age people, excluding the above categories (at least).
It would still be a depressing number, but not sensational enough for LD.
My only surprise in the article is the LD didn’t find a way to complain about Jews causing the problem, which is its usual go-to.
She wouldn't be counted in government statistics as unemployed unless she is actively seeking work. I am retired as well and not in the labor pool..
And by ethnicity.
I am retired, I guess technically because I collect Social Security at 74
However I am self-employed and continue to earn a full-time income with the business that I have had for a number of years. In my case as long as I’m physically able and have customers I’m going to continue doing so. So I wonder if I’m considered unemployed because I’m retired, or I’m considered employed
I wonder if there’s a significant number of these people that are part of the underground economy to avoid crippling taxes and regulations? I remember reading many years ago that in Italy one third of the entire economy was underground because of the government
WITH ALL THE COMPUTERS-—THIS CAN BE A BETTER SET OF STATISTICS.