• april@lemmy.world
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    7 months ago

    Who cares how well the stock market is doing if we all got mass fired to make it happen

    • pearable@lemmy.ml
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      7 months ago

      To be fair to the article, they don’t talk much about stocks or GDP. They’re mostly focused on unemployment, wages, and inflation. It’s worth questioning how effective those metrics are given how the data is collected tho.

      • iheartneopets@lemm.ee
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        7 months ago

        Seriously. Just an example off the top of my head: people stop being counted as unemployed if they’ve been unemployed for long enough. That’s just one way they manipulate the numbers for whatever narrative they’re trying to spin.

        • _tezz@lemmy.world
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          7 months ago

          Just to clarify for others who had to look into this like myself, this is true for unemployed individuals who have not actively sought a job within the last four weeks. If you’ve filled out a job app in the last 30 days you’re being counted.

    • yarr@feddit.nl
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      7 months ago

      Who cares how well the stock market is doing if we all got mass fired to make it happen

      People who hold large amounts of stock 😀 They don’t give a shit how many people get fired as long as their portfolio keeps increasing in value