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A comment on Universal Basic Income and the New Corporatist Democrats. Parent comment

Re:Universal Basic Income and the New Corporatist Democrats by toomuchtodo on Thursday August 11, 2016 @01:04PM (#12269910)
> It's a way better number than unemployment rate, but it's misleading to cite it as though it's the same number politicians reference.

Respectively disagree! U-6 is the perfect indicator of why we're having a terrible recovery.

[ Parent | on HN ]
Re:Universal Basic Income and the New Corporatist Democrats by Bartweiss on Thursday August 11, 2016 @01:37PM (#12270195)
I don't think we actually disagree?

I meant "better number" as in "far more representative than the jobless-and-looking rate". I objected to calling it the "unemployment rate" without caveat, because that term usually refers to jobless-and-looking and therefore threatens to cause confusion.

[ Parent | on HN ]
Re:Universal Basic Income and the New Corporatist Democrats by toomuchtodo on Saturday August 13, 2016 @06:37PM (#12283409)
HN was throttling me, preventing from me responding, but I believe you're correct and we're not disagreeing. Apologies for that!
[ Parent | on HN ]
Re:Universal Basic Income and the New Corporatist Democrats by evanpw on Thursday August 11, 2016 @01:10PM (#12269965)
It seems to be mostly back to normal: https://fred.stlouisfed.org/series/U6RATE
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Re:Universal Basic Income and the New Corporatist Democrats by Bartweiss on Thursday August 11, 2016 @01:38PM (#12270201)
Interesting - I wonder why that's basically recovered, but labor force participation is still at a 30 year low?
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Re:Universal Basic Income and the New Corporatist Democrats by toomuchtodo on Thursday August 11, 2016 @01:52PM (#12270315)
http://www.cnsnews.com/news/article/susan-jones/bls-chief-sc...
[ Parent | on HN ]