This is a pretty good article, but their decision to imply that more men not working means that the economy is inaccurate in my opinion. They failed to mention that the role of women in the...
This is a pretty good article, but their decision to imply that more men not working means that the economy is inaccurate in my opinion. They failed to mention that the role of women in the household has changed from the 60’s, allowing more men to stay home. Also, the life expectancy has rose 7 years. This means more men who are not working may just be retired.
I think that is an important point, though I'm not sure if the data they want to use would differentiate between someone who works at home in raising children or other tasks from someone who is at...
I think that is an important point, though I'm not sure if the data they want to use would differentiate between someone who works at home in raising children or other tasks from someone who is at home because they've given up on finding work. Having an overall measure of workforce involvement, including both women and men, would be the ideal from my perspective. This would look at the ratio of people employed or looking for work to the total. Not a terribly good measure of economic health, but perhaps an indicator of structural shifts.
I think U-6 or U-5 is close to what I described in my other comment. I think it would be pretty easy to integrate one of those measures into a news report as something like the "Underemployment rate."
I think U-6 or U-5 is close to what I described in my other comment. I think it would be pretty easy to integrate one of those measures into a news report as something like the "Underemployment rate."
This is a pretty good article, but their decision to imply that more men not working means that the economy is inaccurate in my opinion. They failed to mention that the role of women in the household has changed from the 60’s, allowing more men to stay home. Also, the life expectancy has rose 7 years. This means more men who are not working may just be retired.
I think that is an important point, though I'm not sure if the data they want to use would differentiate between someone who works at home in raising children or other tasks from someone who is at home because they've given up on finding work. Having an overall measure of workforce involvement, including both women and men, would be the ideal from my perspective. This would look at the ratio of people employed or looking for work to the total. Not a terribly good measure of economic health, but perhaps an indicator of structural shifts.
I think U-6 or U-5 is close to what I described in my other comment. I think it would be pretty easy to integrate one of those measures into a news report as something like the "Underemployment rate."