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Old 10-09-2019, 10:13 AM #4
user104658 user104658 is offline
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Join Date: Jul 2013
Posts: 36,685
user104658 user104658 is offline
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Join Date: Jul 2013
Posts: 36,685
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Employment figures are largely meaningless (unless there's a glaring lack of employment), because it says nothing about the type of employment.

E.g. An economy with 35% unemployment where a large proportion of those employed are in well paying careers with good prospects is doing much better than an economy with 25% unemployment where most of those employed are in minimum wage slog.

Last edited by user104658; 10-09-2019 at 10:13 AM.
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