I believe you’ll also find that the number of people dropping out of the workforce roughly equals the exploding number on the disability roles. Why do that pesky survey “Have you looked for a job this week” thing when you can just collect disability. The is a scandal.
“Sprained pinky? Disabled. Sign here.”
“Feeling tired? Disabled. Sign here.”
“Coughing? Disabled. Sign here.”
depressed due to no job? Disabled. Sign here.
>> The is a scandal.
The entire month of October should be devoted to discussing the lost labor, the diminished levels of employment, the diminished GDP.
On another note, it is maddening to see so many of all political stripes (obviously Dems more than others ATM because their boy is in office) ignore the tremendous fall in the workforce participation level. In theory, due to the bogus methodology of the U-3 metrics, you could have 90% plus NOT working, but a LOW UE headline %. GRRRRRR