Submitted by timbrelyn t3_y9dkai in philadelphia
DutchApplePie75 t1_it7dspb wrote
Reply to comment by gobirds13 in Update : No more avocados left in FDR park. Give away has been canceled by timbrelyn
The unemployment rate doesn’t track people who have dropped out of the labor market altogether (they’re known as “disgruntled workers” and don’t get counted in the unemployment rate) and inflation is soaring along with interest rates.
The Biden administration also changed the definition of “recession” in order to cynically avoid negative headlines. These are not marks of a healthy economy.
marxistbot t1_it7ztaq wrote
They’re called “discouraged workers” ya corny ass, and when they are included we’re still near a 10 year low https://fred.stlouisfed.org/series/U4RATENSA
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