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lph on Feb 9, 2022 | parent | context | favorite | on: The data are clear: The boys are not all right

"No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order."

-FDR

redisman on Feb 9, 2022 [–]

The thing is - we’re at 4% unemployment. Which is probably about as low as a service based economy can get.

beefman on Feb 10, 2022 | [–]

Presently in the U.S. about 60% of people have jobs; 55% of women and 65% of men. In Feb 1962, 56% had jobs but it was 36% of women and 78% of men

https://fred.stlouisfed.org/series/EMRATIO

https://fred.stlouisfed.org/series/LNS12300002

https://fred.stlouisfed.org/series/LNS12300001

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