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@Huck@mstdn.party @carnage4life

You're looking at the wrong statistic, though. The headline unemployment rate only counts people in the labor force, those who want to work, excluding those who've dropped out.

The more relevant statistic is the employment-population ratio, which does show fewer people in the laborforce than would be on-trend.

Basically, you were showing that people want to work by looking only at the people wanting to work and ignoring all of those who don't.

Also: that's not how inflation works.

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