Mostly just posting some accurate information for context
I also am implying yes that the metric of “number of Americans who are looking for a new job regardless of whether or not they’re currently employed” is kinda bullshit
And by implication that posting this article in this particular way (with its implied incorrect meaning of “searching for a new job”) is likewise bullshit
“Unemployment” as a metric is actually bullshit also, for a couple different reasons, but this article I think is probably substantially worse
I also don’t recall a recession happening in 2020 and during COVID, employers were fighting tooth and nail to get bodies in the door with increased pay and benefits, which seems to completely contradict this graph.
What you’re showing is the past. People’s expectations drive the future, quite literally, by changing their spending and other decisions based on those expectations. If a third of people are looking for a job, this will have significant effects in the near term.
Probably because these companies keep playing hard to get (archive version).
Are you drawing a conclusion from this?
Mostly just posting some accurate information for context
I also am implying yes that the metric of “number of Americans who are looking for a new job regardless of whether or not they’re currently employed” is kinda bullshit
And by implication that posting this article in this particular way (with its implied incorrect meaning of “searching for a new job”) is likewise bullshit
“Unemployment” as a metric is actually bullshit also, for a couple different reasons, but this article I think is probably substantially worse
US Chamber of Commerce doesn’t exactly seem like the most impartial source…
I also don’t recall a recession happening in 2020 and during COVID, employers were fighting tooth and nail to get bodies in the door with increased pay and benefits, which seems to completely contradict this graph.
What you’re showing is the past. People’s expectations drive the future, quite literally, by changing their spending and other decisions based on those expectations. If a third of people are looking for a job, this will have significant effects in the near term.