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throw0101ctoday at 6:52 PM1 replyview on HN

> Calculation of unemployment […]

Define "unemployment". There are six (U-1 to -6) ways of classification in the US:

* https://www.bls.gov/lau/stalt.htm

* https://www.investopedia.com/articles/investing/080415/true-...

* https://www.investopedia.com/terms/u/unemployment.asp

And the fact that they're different between the US and other countries, and between other countries and other-other countries is well recognized; "International unemployment rates: how comparable are they?":

* https://www.bls.gov/opub/mlr/2000/06/art1full.pdf

And this isn't something new; from 1957, "International Comparison of Unemployment Rates":

* https://www.nber.org/books-and-chapters/measurement-and-beha...

Just because they're different does not mean that they are "misleading" or 'manipulated'.

> The wealthiest people in the USA are now in the mode of grabbing what they can while the 'grabbing is still good.'

How is this new? Is greed something discovered recently and especially in the US?

* https://en.wikipedia.org/wiki/Friedman_doctrine

* https://en.wikipedia.org/wiki/Gilded_Age

Even stacking government with loyalist appointees is, to a certain extent, returning to 'the old ways' before reforms were enacted to clamp down on the practice:

* https://en.wikipedia.org/wiki/Civil_service_reform_in_the_Un...


Replies

tomrodtoday at 7:00 PM

Kudos to this point.

For those not realizing that unemployment has several definitions - isn't it wonderful that all were published AND all are well-documented?

It's these points of reliability and trustworthiness that, complexity aside, we are losing from chaotic administration.

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