Shadow unemployment: At current unemployment rates, we should see 2.5% wage increases; the actual increase was 1.85% http://nyti.ms/1UuNOAM
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Replying to @skupor3 replies 0 retweets 0 likes
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Replying to @wadechicago
@skupor@vgr true, but they claim the low participation is the cause, but don't show increase in the rate2 replies 0 retweets 0 likes -
Replying to @wadechicago
@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 in1 reply 0 retweets 0 likes -
Replying to @vgr
@vgr@skupor you made me get my laptop out... http://Data.bls.gov/timeseries/lns11300000 … no change in rate for the last year1 reply 0 retweets 1 like -
Replying to @wadechicago
@wj_chicago
@skupor That's raw though. It's meaningless without accounting for retirements/new entrants, gray area of gig-participation etc.1 reply 0 retweets 1 like
@wj_chicago I'm not sure there would be. The millenial baby boomlet demographic impact is HUGE. It accounts for a lot of the growth
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