US Unemployment Debate
This cluster centers on debates about US unemployment rates, with core comments citing economic data from sources like FRED and BLS to argue that unemployment is at historic lows, countering claims of increasing joblessness or a slow economy.
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Unemployment is not increasing. By any measure it is near all time lows. https://fred.stlouisfed.org/series/U6RATE
Except the lowest unemployment numbers in USA. That might be an issue.https://www.npr.org/2022/08/05/1116036160/the-unemployment-r...
> now jobless in in slow economyIt really doesn't look like a slow economy!See https://tradingeconomics.com/united-states/gdp-growth
Collapsed is a bit dramatic - not sure where your job posting stats are coming from but this is another area the BLS tracks - down from 2021 but still very healthy considering the extremely low unemployment rate:Jobs: https://fred.stlouisfed.org/graph/?g=1oue8Job openings: https://fr
More jobless in America? [citation needed]
Ya, I don't think most people think past the surface of this issue, but than, most people don't think at all.On a side note, unemployment rates are at a low, so we relly don't need to worry too much. If you look at the charts: https://www.google.ca/publicdata/expl
Though it seems hypothetically possible for what you're saying to happen, the data shows there's a linear relationship between many different definitions of unemployment throughout the years in the US.https://www.bls.gov/opub/ted/2018/u-3-unemployment-rate-was-...
> Given increasing unemploymentHasn't the latest jobs reports shown that unemployment is decreasing?https://www.cnn.com/2023/03/10/economy/february-jobs-report-...
I don't agree, just want to provide some context> 4.2% unemployment rate, which is amazing given where we were a year agoThat's not exactly an accurate way to describe what's happening...Look at the 25 year trends:https://tradingeconomics.com/united-states/employed-persons<a href="https://tradingeconomics.com/united-state
Unlikely with unemployment this low