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A reminder to all you far left and far right nutjobs that think Joe Biden has done nothing significant in office
(lemmy.world)
this post was submitted on 18 Jan 2024
1039 points (83.2% liked)
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Is unemployment actually down, or is this just like number fudging from folks who work 3 part time jobs?
There's a LOT more homeless people than I remember ever seeing before.
Unemployment is a meaningless statistic due to the weird definition. The more useful statistic is #of jobs divided by total population, which peaked in 1970 and has been declining fairly consistently ever since
Except this doesn't capture it really, either, since the number of people with multiple jobs has been increasing steadily
Oh yeah maybe the statistic I was thinking of was percent of population that has a job