LISEP’s mission is to help achieve shared economic prosperity for all Americans, particularly for middle- and low-income families. Our focus is fact-based economic and policy research.
I’ve always found the labor participation rate to be a better source than U-4. The latter is convenient, because once the system has beaten you down, you disappear from the statistics. It’s a very clear indicator that “if you’re not willing to work for less money than you need to survive, you hold no value to society.”
I’ve always found the labor participation rate to be a better source than U-4. The latter is convenient, because once the system has beaten you down, you disappear from the statistics. It’s a very clear indicator that “if you’re not willing to work for less money than you need to survive, you hold no value to society.”