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To: lepton
No. We’re not. We’re pulling out of a stagnant phase with a huge amount of slack in the labor pool. People are merely being pulled out of the idle class at a rate similar to job growth.

That's not what the President has been saying. Lowest unemployment in decades.

88 posted on 12/01/2017 3:36:32 AM PST by DoodleDawg
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To: DoodleDawg

Statistical full employment

Lowest unemployment in decades.


Those are two different statements, especially with the huge drop in Participation Rate.

The first statement is incorrect, the second is generally misleading in the current environment. It is comparable to a year ago when makeup of the non-employed was generally similar, but not to ten years ago.


89 posted on 12/01/2017 5:14:43 AM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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