Re:Say Hello to Full Employment
by chrisfinazzo on Friday July 06, 2018 @03:24PM
(#17474358)
I assume these stats are cumulative in terms of PT, FT, or a shared arrangement?
Still, feels odd to see the metrics begin at 16. While some people I know (myself included) had part time jobs at that point, most didn't. 21-22 seems like a more reasonable starting point, given time off for people who went to college - or 18 for people who didn't.
Seems like they should isolate these such that when they say "The unemployment rate is X and the participation rate is Y" they acknowledge most 16 y/o are not primary breadwinners.
Still, feels odd to see the metrics begin at 16. While some people I know (myself included) had part time jobs at that point, most didn't. 21-22 seems like a more reasonable starting point, given time off for people who went to college - or 18 for people who didn't.
Seems like they should isolate these such that when they say "The unemployment rate is X and the participation rate is Y" they acknowledge most 16 y/o are not primary breadwinners.