Comment Re:About Fucking Time (Score 1) 435
There are a multitude of different "real" unemployment rates that one can quote; I've never heard of one that includes people who willingly decline to participate in the workforce (i.e., students and homemakers) The traditional definition includes people who desire work but whom have abandoned all hope of finding it. In any case, if you actually believe the
you've never heard of one....except of course for the one you linked to which included all sorts of categories of those who willingly removed themselves from the workforce. which was rather the point.
the unemployment rate is 5.8% at present time. your belief in it isnt required.
the definition hasnt changed: a person is unemployed if he/she is without job and have actively looked for work within the past four weeks.
in case you missed it, there was a recession. that always triggers a reduction in the laborforce participation rate, as people find alternative avenues, such as going back to school, enlisting in the military, retiring, or staying home. there are also other avenues of work that wont show up in the any of the employment statistics, since they rely on businesses reporting numbers.
so yes, people HAVE willingly dropped out of the workforce in recently years.
the labor force participation rate is in a slump.
that doesnt change that the unemployment rate is 5.8%.
and you said "start a war".
that is a completely different thing from "committing an act of war."