I think this is totally correct.
The actual unemployment rate is at record highs if you also look at the labour participation rate. Used to be like 90% of people were working, now it's like 60%. That means a huge number of people are consuming productivity but not producing anything themselves.
The actual unemployment rate is at record highs if you also look at the labour participation rate. Used to be like 90% of people were working, now it's like 60%. That means a huge number of people are consuming productivity but not producing anything themselves.
- replies
- 0
- announces
- 0
- likes
- 0