“…and corporate earnings are the most stable they’ve been in a decade.” -Investor man on Bloomberg just now All they care about is being able to claim everyone is doing great bc they’re “EMPLOYED” – it’s about the stat, it doesn’t matter whether that employment pays a living wage, and let’s not forget how many people are underemployed or dropped out of the labor force. EMPLOYMENT is indicative of very little, but it is especially now indicative of financial well-being in the U.S..
“…and corporate earnings are the most stable they’ve been in a decade.”
-Investor man on Bloomberg just now
All they care about is being able to claim everyone is doing great bc they’re “EMPLOYED” – it’s about the stat, it doesn’t matter whether that employment pays a living wage, and let’s not forget how many people are underemployed or dropped out of the labor force.
EMPLOYMENT is indicative of very little, but it is especially now indicative of financial well-being in the U.S..