Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette
ysabetwordsmith

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Fake Employment Numbers

Employment/unemployment reporting falls into the category of "lies, damn lies, and statistics."  It's not about measuring how many people are refused work, have too little work, or work but don't get enough to live on. It's about making things look good when they are not.

This article methodically points out all the ways in which this is not a "tight labor market" as claimed, and instead workers are competing for insufficient and poor-quality jobs.
Tags: economics, news
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