And as long as unemployment and disability benefits are almost impossible to get, or have so many hoops and conditions as to be worthless, the unemployment/disabled statistics keep looking *great*.
@yeldnal @yeldnal
28 Jul 2022
People were trying to figure out if the "great resignation" was a disguised general strike, but it seems to be "long covid, plus deaths".
1
2
Yeah, in the US unemployment rate is taken from the number of people getting benefits. So even if 50% of the population is out of work, but only 4% qualify, the official unemployment rate is 4%. So when all the extra Covid unemployment benefits expired, the rate got much better.
1
1
Replying to @AmeliasBrain @plinss
One of the interesting graphs is fred.stlouisfed.org/series/L… Though the same for men only is also interesting, since much of the long term trend in this graph is women joining the workforce. But that slice (25-54, male) doesn't seem to be on FRED.

Jul 29, 2022 · 1:18 AM UTC

1
1
Replying to @davidbaron @AmeliasBrain @plinss
Oh, and I found the one I was really looking for (you can adjust them to be 1948-2022): beta.bls.gov/dataViewer/view… (men, seasonally adjusted) beta.bls.gov/dataViewer/view… (women, seasonally adjusted) beta.bls.gov/dataViewer/view… (men, unadjusted) beta.bls.gov/dataViewer/view… (women, unadjusted)
1
And you can adjust them to be quarterly by adding Q to the end of the URL. (Also, mentioning that these are employment-population ratio for age 25-54, so I have a chance of finding this again.)
1