7 comments

  • dgellow 8 minutes ago
    I understand the US economy is experiencing some… troubled times. However, 4.4% unemployment rate, while that’s an increase, sounds really low compared to other countries. Am I missing something?
  • rayiner 30 minutes ago
    The ungameable statistic is the native born labor force participation rate, which also ticked down: https://fred.stlouisfed.org/series/LNU01373413.

    Unfortunately, that figure never recovered from the pandemic. It also never recovered from a major drop after the 2008 recession.

    • nobodyandproud 3 minutes ago
      I’m naturalized—very, very long term—but I couldn’t find any stats that track by US citizens.

      I suppose that makes me a second-class citizen?

    • onlyrealcuzzo 21 minutes ago
      As the population continues to age, and more people are 62+, this is expected...
      • djohnston 17 minutes ago
        I don’t think that’s telling the whole story.

        Immigration has always been used as leverage against the native workers, and now it’s more efficiently corrupt than ever.

      • idiotsecant 17 minutes ago
        Look at that trajectory one more time and tell me how 'expected' it is.

        The first stages of a worldwide recession is what it looks like to me.

    • rafaelmn 17 minutes ago
      Is this working age population or all ages ?
  • WalterGR 1 hour ago
    https://news.ycombinator.com/item?id=47275035

    US economy unexpectedly sheds 92k jobs in February (bbc.com)

    524 points | 23 hours ago | 733 comments

  • wood_spirit 1 hour ago
  • 9dev 38 minutes ago
    In fact, we're winning so much that we really don't know what to do about it. People are asking me, please, please, please, Mr. President, we're winning too much. We can't take it anymore. We're not used to winning in our country until you came along, we're just always losing. But now we're winning too much. And I say, no, no, no, you're going to win again. You're going to win big. You're going to win bigger than ever.
  • alkyon 1 hour ago