Shadow unemployment: At current unemployment rates, we should see 2.5% wage increases; the actual increase was 1.85% nyti.ms/1UuNOAM
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@wj_chicago 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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@wj_chicago That's raw though. It's meaningless without accounting for retirements/new entrants, gray area of gig-participation etc.
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@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



