Those pesky workers who refuse jobs paying minimum or subminimum wage because “It’s not enough to live on” or whiny bullshit like that. Don’t they see the caviar they’re taking from the mouths of hardworking corporate executives by demanding a few more dollars an hour?
yeah this, nobody wants to be taken advantage of. Even with record inflation these fuckers are raking in record profits. But also yeah, I hate work. There is no point other than to exist in this capitalist hellscape.
Unemployment only includes people considered “in the labor force”. To be considered “in” the labor force, you have to be employed, employed within the last 2 months, or currently looking for jobs (something like that, it’s been a few years). Labor force participation is currently around 62.5%, so that means about 38.5% plus the 3% unemployment of 62.5% would give us the real rate. Of course, people “not participating” also includes retired people and students without jobs, so there’s that as well.
Historically, the labor force participation is around 62.8%, so tl;dr people are working just fine.
The definitions used to calculate unemployment are tweaked constantly for political reasons. You can’t really compare official unemployment rates from different years. It’s infuriating.
And yet unemployment is at 3.5% in the U.S.
So who is this ‘no one?’
Those pesky workers who refuse jobs paying minimum or subminimum wage because “It’s not enough to live on” or whiny bullshit like that. Don’t they see the caviar they’re taking from the mouths of hardworking corporate executives by demanding a few more dollars an hour?
yeah this, nobody wants to be taken advantage of. Even with record inflation these fuckers are raking in record profits. But also yeah, I hate work. There is no point other than to exist in this capitalist hellscape.
Unemployment only includes people considered “in the labor force”. To be considered “in” the labor force, you have to be employed, employed within the last 2 months, or currently looking for jobs (something like that, it’s been a few years). Labor force participation is currently around 62.5%, so that means about 38.5% plus the 3% unemployment of 62.5% would give us the real rate. Of course, people “not participating” also includes retired people and students without jobs, so there’s that as well.
Historically, the labor force participation is around 62.8%, so tl;dr people are working just fine.
The definitions used to calculate unemployment are tweaked constantly for political reasons. You can’t really compare official unemployment rates from different years. It’s infuriating.
Maybe they’re talking about all the migrants that the dumbass Governor of Florida chased away. They were working, anyway
This is an dumb thing that dumb people say.
If they actually wanted to do better, this is what they should be saying.