Normal
Maybe.I think the real worry is politicians grandstanding about low unemployment rates without mentioning participation rates creating a false picture.It's all too common these days for metrics to be redefined so they look better."Lies, damn lies, and statistics"Comparing current unemployment rates to being near all time lows is an absolute farce, as unemployment itself has been redefined.How can unemployment be so low with job vacancies at highs.... the wool is being pulled over our eyes.The reality is a lot of people are now unable to work due to being medically or mentally unfit. Then there are those that have retired early, some will re enter the workforce over the coming years, but not the majority, imo.
Maybe.
I think the real worry is politicians grandstanding about low unemployment rates without mentioning participation rates creating a false picture.
It's all too common these days for metrics to be redefined so they look better.
"Lies, damn lies, and statistics"
Comparing current unemployment rates to being near all time lows is an absolute farce, as unemployment itself has been redefined.
How can unemployment be so low with job vacancies at highs.... the wool is being pulled over our eyes.
The reality is a lot of people are now unable to work due to being medically or mentally unfit. Then there are those that have retired early, some will re enter the workforce over the coming years, but not the majority, imo.
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