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2020 L3901HST, LA525 Loader, 66" Q/A Bucket, PFL2042 Forks, Meteor SB68PT Blower
I believe the unemployment rate now is based off of people CURRENTLY SEARCHING for work. Somebody who is happily without a job and not looking for one is not counted in the unemployment numbers; that's how it can be so low.
That is to say, in this particular case they are not counted. They will be counted when "they" need the numbers to fit (as much as I hate using this word) their narrative.
Statistics are easily manipulated by whoever needs them. How else can you go from "We need to spend umpteen trillion dollars to help out the millions of people who are out of work," to "Look how good of a job (insert current president) is doing - unemployment is only 3%!"
It'll give you whiplash if you pay too much attention to it.
That is to say, in this particular case they are not counted. They will be counted when "they" need the numbers to fit (as much as I hate using this word) their narrative.
Statistics are easily manipulated by whoever needs them. How else can you go from "We need to spend umpteen trillion dollars to help out the millions of people who are out of work," to "Look how good of a job (insert current president) is doing - unemployment is only 3%!"
It'll give you whiplash if you pay too much attention to it.