danielpalos
Diamond Member
- Banned
- #421
Poor and poverty are distinguished; not conflated, in all of my examples.Explain how you think that is true. Most not employed are not poor and some employed are. There is no direct correlation between employment and poverty. Please stop making unbacked assertions and try for an actual argument.Yes, it does; it is that simple dichotomy. ."Solving simple poverty" is not a metric. And again, simply dividing people into Employed and Not Employed does NOT give any indication of full employment of resources.Full employment of resources in the market for labor.And could you please explain, in detail, using standardly acceptable economic language how that relates to measuring the labor market and assessing job shortages?Unemployment compensation on an at-will basis in our at-will employment States, dear.
Solving simple poverty is the metric.
One more time: The official unemployment rate (U3) tells us what percent of those actively involved in working have failed to find work. In other words, the percent of those who could be working if there were enough jobs, but are not. It does not address poverty or quality of employment.