Re:America's True Unemployment Rate
by goldenManatee on Tuesday October 20, 2020 @10:40AM
(#24837847)
The “true” is a little sensationalist though I doubt they were expecting anyone to care about their investigations. They were still going for “a more true”. They’re not accounting for retired 65+ year olds. That’s a little suggestive of just wanting to quickly look away.
They looked at people that are structurally unemployed or stopped looking because they were disillusioned after some time; they also tried averaging a national rent gauge (yeah, regional would’ve been better - so that means approving them grant funding) to better understand the cost of living and who can afford to survive off their wage/salary. So they drew a line across the chart saying people below $X can’t even afford surviving in America right now. There’s some PBS specials on rural American single moms unable to feed their kids mid COVID - enter school lunch funding issues - and Twitter also has its share of people posting their anecdotes of plight.
They looked at people that are structurally unemployed or stopped looking because they were disillusioned after some time; they also tried averaging a national rent gauge (yeah, regional would’ve been better - so that means approving them grant funding) to better understand the cost of living and who can afford to survive off their wage/salary. So they drew a line across the chart saying people below $X can’t even afford surviving in America right now. There’s some PBS specials on rural American single moms unable to feed their kids mid COVID - enter school lunch funding issues - and Twitter also has its share of people posting their anecdotes of plight.