Democratic Rep. Alexandria Ocasio-Cortez has endorsed President Joe Biden’s reelection campaign, a sign of the president’s strength in uniting his party to have the backing of one of its most liberal members
Unemployment is one of the most cooked statistics by the federal government; they have several so they can choose the most ideal to report. The real issue is that unemployment also accounts for people who left the market, aka disabled, left-behind, or those with long term disability due to COVID. So unemployment looks great when you remove all the people deemed not fit for capital to exploit further.
Its difficult to find a good measurement for a country’s success. See Campbell’s Law. But yeah, unemployment has been a bad metric from the start. They just keep using it because people don’t know it’s a bad metric.
Unemployment is one of the most cooked statistics by the federal government; they have several so they can choose the most ideal to report. The real issue is that unemployment also accounts for people who left the market, aka disabled, left-behind, or those with long term disability due to COVID. So unemployment looks great when you remove all the people deemed not fit for capital to exploit further.
Its difficult to find a good measurement for a country’s success. See Campbell’s Law. But yeah, unemployment has been a bad metric from the start. They just keep using it because people don’t know it’s a bad metric.