Moonglow
Diamond Member
There are now hiring signs all over two counties in NW Arkansas.No, the tidal wave of Mexicans is a new thing.
You're wrong about the real unemployment rate too. Even left wing Politico says you're wrong
The data also suggest the “true rate of unemployment” is much higher in many places than national or local figures show.
That’s based on a broader labor market metric developed by researchers at the institute. The TRU (for True Rate of Unemployment) measures workers they consider “functionally unemployed” — people who are looking for work but don’t have a full-time job, working part-time but want full-time work, or who earn below the poverty line. That accounted for 23.1 percent of the U.S. labor force in April.
In some metropolitan areas, such as El Paso, Texas, Augusta, Ga. and Las Vegas, that “true rate of unemployment” was above 30 percent in 2021.
“We think it misleads the American people to say, ‘Oh, we’ve got 3.6 percent of America that is unemployed, ergo, a huge percent of the population is employed,’ when in fact they can’t make above a poverty wage,” Ludwig said.
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'True unemployment' is a lot higher than you think
The latest data show the “true rate of unemployment” declined in all but 11 of the 100 most populous metropolitan statistical areas last year.www.politico.com