Comment

Comment by hn_throwaway_99

While this may be true, the article's premise that the BLS was somehow cooked up to hide the "true" unemployment rate rings hollow, mainly because the BLS also tracks and reports tons of other labor-related statistics, including for example "discouraged" workers, those working part-time but want to work full-time, overall labor force participation rate, etc.

These days I even see mainstream media outlets report lots of different numbers beyond the "baseline" unemployment rate, so I just feel like this whole article is written from the "you're not considering my preferred statistic as the 'true' one so you're wrong" angle.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton