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ChrisHorton

ChrisHorton
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  • More And More Discouraged Workers [View instapost]
    Thanks for putting this out there. It's really, really important to keep saying this. Williams' figures are very close to the reality perceived by regular folk, but members of the "political class" - administrators, (tenure track) academics, politicians and their staff, executives, policymakers of all sorts - live as though the official "headline" rate, U3, is real, and almost all debate, public discourse, media reports, research and legislation is based on U3. This makes taking action around unemployment, or arguing that it is still an emergency, much more difficult.

    So keep telling it, bro, and don't shut up for anyone!

    Chris
    Worcester Unemployment Action Group.
    Aug 26, 2013. 10:07 PM | Likes Like |Link to Comment
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