alt Hacker NewsRay Dalio says a lot of things, only about half are correct. Where is the data? Employers are quick to fire unproductive workers and yet the unemployment rate remains low.
Ray Dalio says a lot of things, only about half are correct. Where is the data? Employers are quick to fire unproductive workers and yet the unemployment rate remains low.
The figures exclude workers who would like to work but have given up, and those who work part-time but would like a full-time job.
The U-6 rate is nearly twice the rate of the official figures.