We hear the DC “spin machine” talk about how jobs are being created and the employment outlook is improving, but is it really? It’s important to understand how the metrics are being captured and reported, as it can be a simple thing to spin the numbers for political gain. Watch this video from Prager University for more information. (Prager U has tons of great educational and position content…highly recommend you add it to your resources/bookmarks)
When you hear that the unemployment rate has gone down, you usually think that the economy is doing better. Right?
But the numbers don’t always tell the full story.
This is what’s not said. If someone has gotten so frustrated that they’ve stopped looking for work… or just decided that they won’t work anymore, they no longer get counted as unemployed.