Friday, June 2, 2023

Unemployment -- BLS -- May, 2023

Locator: 44831JOBS. 

Link here.

The media seems to prefer U-3. I prefer U-1 in a recession. I've talked about this before and my reasoning.

But seriously, does this look like a recession?


All these folks that are working will continue to pay "into" social security and Medicare. Just saying. And if working, not collecting unemployment benefits, though low-income folks do qualify for the earned-income tax credit.

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