this post was submitted on 17 Oct 2024
22 points (59.8% liked)

News

23166 readers
3426 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

After adjusting for inflation, wages are higher than at any point in U.S. history, and after adjusting for age and sex, the percentage of the population that is employed is around its peak in U.S. history.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 16 points 9 hours ago* (last edited 9 hours ago) (1 children)

While there are multiple ways to measure employment, the best single measure is the percentage of the adult population with a job, known as the employment-to-population ratio (EPOP). However, with a growing portion of the adult population becoming retirees, this measure is confounded by demographic trends over longer time periods. Many economists therefore focus on “prime-age EPOP,” or the percentage of people ages 25–54 with a job, as a way to account for the aging of the population. A more sophisticated method is to adjust for both age and sex. Adjusting for age accounts not only for the increase in retirees but also the aging within the 25–54 bracket. Adjusting for sex is necessary to analyze previous decades, when a much smaller percentage of working-age women were in the workforce. After adjusting for age and sex, the percentage of the population that is working is roughly at its peak height in U.S. history. This is also true if one looks directly at prime-age EPOP.

If we stop using the metric we always used, and invent a new one that says things are great, then things are great!

What else do you need expect from a Podesta organization that claims to be progressive?

The whole point of it is to convince people neoliberals are just as effective as progressives could be.

That's why it's funded by billionaires and opposed healthcare reform and other things billionaires don't want.

https://en.m.wikipedia.org/wiki/Center_for_American_Progress

Just like with rightwing "think tanks" don't just pay attention to the name or blindly believe what someone has chosen for a label.

[–] [email protected] 6 points 8 hours ago (1 children)

I do find it interesting that the "actual" employment rate was 7% higher in 2000 than it is now. I get that we have an older population now, and proportionally more retirees as a result, but isn't that relevant to our economic health? Rather than patting ourselves on the back for doing a good job despite an aging population, shouldn't we be talking about how to turn this trend around? Italy, Japan, and China are about a generation ahead of us on this issue, and they're totally freaking out - maybe we should too.

[–] [email protected] 7 points 7 hours ago (1 children)

Yeah, the truth is it's not that hard to find the right boxes to check as metrics that you can find any result you want.

Which is obviously what they did, they couldn't even stop it with a 54 age cap (who the fuck retires at 55?) they had to raise the minimum to 25, well after normal college grad age.

Even without getting into the organization and funding, anyone that actually learned about stats in a real stats class can you tell you it's being done to generate the results the funders want.

We really need to start teaching statistical analysis in highschool. I can't remember the last time I needed something past algebra, but stats comes up all the fucking time, and almost no one really knows the basics.

It's not even that complicated, but admittedly I had an amazing professor and took a couple courses.

[–] [email protected] 5 points 7 hours ago

A more educated populace is the last thing anyone at the top of the ladder wants.

We're backsliding to Company Stores, chits, and union workers facing violence for their workplace rights. "Corporate interests" have undone the social contract.