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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (920625)2/11/2016 9:17:20 PM
From: TimF  Read Replies (1) | Respond to of 1573857
 
Not really. No one really cares much what one you use. Also the reality is more important, and not fully reflected by any one stat (or really even any combination, but you can get much closer with a selection than with just one).



To: J_F_Shepard who wrote (920625)2/12/2016 8:24:15 AM
From: TimF1 Recommendation

Recommended By
TideGlider

  Read Replies (1) | Respond to of 1573857
 
Let’s not forget what Krugman wrote in 2012:
My current favorite gauge of the jobs picture is the employment-population ratio for prime-age adults (25-54). EP ratio instead of unemployment rate, because U may be distorted by workers dropping out…Everything else is just noise.

marginalrevolution.com

Of course part of that is the baby boomers retiring so lets look at a narrower age range. 25 to 54


data.bls.gov

Clearly not as bad as the last chart, but also a long way from "full employment".