27-09-2024, 09:06 PM
(27-09-2024, 03:11 PM)Levin Wrote: If Trump wins.
Based on these surveys for the presidency, the two camps are pretty close
https://pbs.twimg.com/media/E6QnmicXoAI8v_n.jpg:large
https://img.ifunny.co/images/35668f2991c...a393_1.jpg
While K H
may have strong support from ethnic Jews, African descent, Indian
D T do have
https://krieger.jhu.edu/financial-econom...-dont-lie/
But is that just because fewer people are looking for work, and therefore are not counted as unemployed?
A way to seek that answer is to look at the Labor Force Participation Ratio (LFPR) – the proportion of working age people who are either employed or looking for work.
The LFPR does seem to indicate there is a problem. The 2023 average was 62.6%, better than during the Pandemic but otherwise the lowest such figure since 1977. It was five percentage points higher in 1997.
That statistic makes it appear that for whatever reason, whether a lack of available jobs or a lack of people willing to work, Americans just aren’t working like they used to. The low unemployment rate, it would seem, came because a lot of people dropped out of the labor force, not because they found jobs.
so is too close to tell.