No, Says Economist, March US Jobs Report 'Is Not Good' | Common Dreams
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As the business press and top newspapers called the March jobs report "strong," some economists stressed the importance of looking beyond the topline figure and one month of data.
  • Fermion@mander.xyz
    14·
    17 days ago

    The latest Moody’s Talks Inside Economics episode covers the jobs numbers well and talks about some of thr concerning figures that undermine the headline job growth. Of note: total hours are down and labor force participation are down despite job openings increasing.

      • mic_check_one_two@lemmy.dbzer0.comEnglish
        3·
        17 days ago

        I’ve always been curious about this… How does this work on a personal level? Like sure, maybe some homes were able to downsize to a single income. Maybe some were pushed to retire instead of working an extra five years. But that can’t account for all of them…

        Do some just resign themselves to being homeless and destitute? Like if you’re not working, what are you doing to meet the (rapidly rising) costs of living? Are you just… Not living?

        • vaultdweller013@sh.itjust.works
          4·
          17 days ago

          At this point I think folks are falling back on familial and clan structures. Finding a job in my area has been hell since COVID, and if I hadnt already been living with my grandmother I would have ended up doing so regardless.

          Outside of that yeah it’s probably homelessness in various forms, mind you someone with a hunting license living out of a camper van in Idaho looks quite a bit different from a drug addict in say Highland California.