News for hackers. Stuff that matters.
Re:US unemployment has been under 4% for the longest streak ... by rendang on Saturday January 06, 2024 @09:30PM (#38897818)
Why is it meaningful given that the 33% includes people who have no desire to work?
Re:US unemployment has been under 4% for the longest streak ... by catherd on Saturday January 06, 2024 @10:05PM (#38898024)
How healthy would the economy be if 100% had no desire to work? That depends on why those people don't want to work and the overall situation, but until all of our needs are served by robots in reality likely not so healthy.
Re:US unemployment has been under 4% for the longest streak ... by Herring on Saturday January 06, 2024 @09:58PM (#38897999)
No desire today != no desire tomorrow. A lower participation rate might indicate untapped potential or barriers to employment, such as lack of childcare or training opportunities.