⭠ Return to thread

[this comment is supposed to come after the following comment - annoying]

Well, I don’t have time to dive all the way into it, but here’s a solid source saying the unemployment rate for people 25-34 is 4.7%. Higher than the older cohorts, but not exactly a generation of layabouts.

https://fred.stlouisfed.org/release/tables?eid=48595&rid=50

Expand full comment

The problem is that people who are not looking for work are not counted as unemployed, they are just not measured in the labor force.

Expand full comment