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re: 4 reasons why the economy is crumbling.

Posted on 5/15/22 at 8:36 pm to
Posted by AmishSamurai
Member since Feb 2020
2669 posts
Posted on 5/15/22 at 8:36 pm to
quote:

We have amazingly low unemployment


What's the correlation to labor participation rate?

When you understand this, you'll understand why the unemployment rate is a garbage measure for economic health.

We're in recession, headed for a depression ...
Posted by Bass Tiger
Member since Oct 2014
46283 posts
Posted on 5/15/22 at 8:43 pm to
quote:



What's the correlation to labor participation rate?

When you understand this, you'll understand why the unemployment rate is a garbage measure for economic health.

We're in recession, headed for a depression ...



The LFPR is at one of its lowest points during a supposed economic recovery in US history. There’s still an estimated 6 million able bodied Americans not working.
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