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0 pointsbryanlarsen3y ago0 comments

Unemployment is the lowest it has been since the fifties. So it has to increase a lot before it gets to levels traditionally associated with recessions.

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tempsy3y ago· 3 in thread

Unemployment numbers don’t include people who are not of retired age but have chosen to stop looking for work

The share of prime working aged men who aren’t working and not looking for work is historically high.

toomuchtodo3y ago

> The share of prime working aged men who aren’t working and not looking for work is historically high.

It will also remain high due to structural socioeconomics, somewhat similar to Japan’s Hikikomori.

bryanlarsenOP3y ago

The share of men under 50 in the work force is higher now than it was pre pandemic.

tempsy3y ago

No it’s not. Overall labor force participation rate is still under pre pandemic levels. Where did you get that?

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

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