What Does Low Unemployment Rate Mean When Most Jobs Created Are Low Wage?

3.9% Unemployment rate with almost half of new jobs low wage no benefits. And how many stopped looking for work? Saurav Sarkar of the Institute for Policy Studies discusses what’s behind the numbers

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31 thoughts on “What Does Low Unemployment Rate Mean When Most Jobs Created Are Low Wage?

  1. Our fake pm and its right wing gobshite control freak lying toxic team in the UK are peddling the same guff.. ''best employment figures since the mid 70.s''.. TOTAL BULL💩💩💩..

  2. If you can not find a job, they take you off unemployment and off the unemployed list. I can not work due to health issues, have been denied disability, and am not counted as unemployed.

  3. I worked as a bus-boy in some very nice restaurants in the late 80's into the 90's. The minimum wage has NOT changed 30 fucking years for service work

  4. The Unemployment rate is grossly fictitious at this point and is a measure of nothing meaningful whatsoever, add a Zero to this purported fiction then we can talk.
    Slaves on the Plantations had lower unemployment rates so hardly a measure of things going well lol.
    A true measure of unemployment/underemployment would need to reflect the other 30+% in the actual figures who still needed to claim some form of government assistance while working or work for an employer who is claiming government assistance in the form of subsidies.

  5. These comments make me despair that young people will ever get a backbone, rise up to fight for their rights as Americans – so many are apathetic, too many others are simply sheep.

  6. Great coverage/ this is one of those talking points that needs to be debated more. I’m sick of hearing about that unemployment rate…

  7. This is why I have a huge problem with celebrities going around and telling people to register to vote (ofc, they mean vote democrat) I don't mind people voting. But a lot of celebrities live in a bubble and doesn't realize what kind of lives a lot of ordinary people live. And it's difficult for some people to go and vote for "just the other guy", without any promise of improvement in their lives.

  8. When the Unemployment Rate consistently dropped under Obama, Trump & the right-wing media said this was only the case because so many people were getting low-wage jobs & many weren't in the job market. Now the same trend has continued & nobody is using that reasoning for Trump 🤔

  9. I was just talking about this today. I'm old enough to know what a good economy feels like. This ain't it. Nobody is making any real money. Most don't have money to save.

  10. BUT – I do web marketing for small business’s and I have close to 125 clients in 4 states. They can’t get help and some of them are willing to pay 50k a year (pest control). No degree needed and willing to train. People aren’t showing up for interviews! Anyone have a thought on this?

  11. As one of those people. My personal reason not to find employment is because capitalism has failed to provide enough reason and incentive to work for such a low wage in such a horrible environment. I'll just be spending a bunch of the limited time I have left on earth doing something soul crushing just so that I can scrape by, living on scraps, to later die miserable and unappreciated for all the hard work I've done. I'd rather die hungry than live a hollow life, working in a dystopia for a capitalist that steals the fruits of my labor.

  12. It means the suffering and misery stay the same but the "unemployment statistics" look better so the rich old white men we're presented with to "represent our interests" by other even richer white men, can claim they're doing a good job.

    Obama was technically (or in fact literally) more of a browny colour, but little if anything of the underlying dynamic changed. He was utterly charming that one, and I liked him a lot. Still. Here we are.

  13. You can see it within your families, neighborhood, or state how many poor exist. The only thing growing are Food Banks and Good Wills. Even the so-called wealthy are in credit well into their 90's. So hopefully people are paying attention here.

  14. How do they count the thousands of seasonal jobs that are created in like October/november and then lost in January

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