Shadow unemployment: At current unemployment rates, we should see 2.5% wage increases; the actual increase was 1.85% http://nyti.ms/1UuNOAM
@wj_chicago @skupor You mean decrease I think? More people dropping out? I think the BLS doesn't measure that properly, but I haven't dug in
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@vgr@skupor you made me get my laptop out... http://Data.bls.gov/timeseries/lns11300000 … no change in rate for the last year -
@wj_chicago
@skupor That's raw though. It's meaningless without accounting for retirements/new entrants, gray area of gig-participation etc. - Show replies
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