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There are several different "unemployment" metrics. Go to the gov website to see how they are being defined and you should be able to make your own judgement call. While suspicious of stats and figures released by politicians, unemployment data is one I trust pretty throughly given the footnotes caveats they disclaim (eg doesn't take into account under employed or discouraged workers who have stopped looking for work, etc)
Yes, If you understand how it’s measured.
For example you state that there are less jobs available today than in 1Q23, isn’t that a sign of lower unemployment ?
I read about this yesterday. The additions aren’t in white collar jobs
This is actually true. I saw THREE posts for banking that were to sponsor aliens. They had to post it just to say no one else could do the job but they didn’t interview a soul.
The standard unemployment metric has one flaw (fatal, imo) in that it doesn't count discouraged or people no longer looking for work. Imo you should look at participation rate in conjunction with the unemployment rate. If unemployment rate goes down and participation rate goes down with it, you can infer that it's not simply new jobs being created, it's that people are leaving the workforce
Layoffs everywhere and they are large ones. They always spin it to their favor somehow.
They revise the numbers after they get published, it’s all a lie to keep the economy going through the election. There are red flags throughout the US economy but the press isn’t paying any attention.