2016 Postmortem
In reply to the discussion: True or False? The top 1% is at war with at least the bottom 80% of society economically [View all]Prism
(5,815 posts)You're looking at the U3 vs the U4. But the actual measurement of unemployment and underemployment is the U3 vs the U6.
Or, rather, I think you do know how to read this, and you're seeking out the best interpretation that accommodates your prejudicial judgement of the situation.
The U6 has been pretty variable. Right now, it's the best it's been since 2008, however, it was as low as 7.1% in 2000.
So, again, you tossed out that thought. "How are people worse now than 25 years ago?"
It's just so exhausting. Statistics aren't, "I have an idea of how things are, now let me cherry pick some stats to reflect that." That's not how science or truth work.
I'm all ears on how you've yet to be not wrong in this thread. You just haven't managed it so far.