{"id":24359,"date":"2017-07-07T11:36:07","date_gmt":"2017-07-07T15:36:07","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=24359"},"modified":"2017-07-07T11:36:07","modified_gmt":"2017-07-07T15:36:07","slug":"us-employers-add-strong-222k-jobs-jobless-rate-at-4-4-pct","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2017\/07\/07\/us-employers-add-strong-222k-jobs-jobless-rate-at-4-4-pct\/","title":{"rendered":"US Employers Add Strong 222K Jobs; Jobless Rate at 4.4 Pct."},"content":{"rendered":"<p>All the corporate media seem to be carrying this story.  Here is an article in <em>U.S. News<\/em> that is typical, <a href=\"https:\/\/www.usnews.com\/news\/business\/articles\/2017-07-07\/wheres-my-raise-5-reasons-pay-isnt-rising-much-for-many\" target=\"_blank\">US Employers Add Strong 222K Jobs; Jobless Rate at 4.4 Pct.<\/a> <\/p>\n<blockquote><p>\nThe proportion of adults with jobs has reached 60.1 percent, just below April&#8217;s figure, which was the highest since the recession ended in 2009.\n<\/p><\/blockquote>\n<p>When the numbers seem to tell a different story from the one that many people experience, it makes me wonder what could be wrong with the numbers.  I think I have figured it out.<\/p>\n<p>When one job per family was enough to support a middle class lifestyle, this method of measuring unemployment gave a reasonably accurate measure of how the economy was doing.  When it takes 2 to 4 or more jobs per family to support a middle-class lifestyle, the way we measure full employment needs to be changed.  If 100% of adults had a job, but it took four jobs to support a family, than a two earner family would only be 50% employed, or 50% unemployed compared to what would be needed to support a robust economy. In such a circumstance, the traditional measure of employment would say that there was 100% employment.  If the number by the traditional measurement could be off by a factor of two, wouldn&#8217;t someone wake up to the fact that we aren&#8217;t measuring the right thing? <\/p>\n","protected":false},"excerpt":{"rendered":"<p>All the corporate media seem to be carrying this story. Here is an article in U.S. News that is typical, US Employers Add Strong 222K Jobs; Jobless Rate at 4.4 Pct. The proportion of adults with jobs has reached 60.1 percent, just below April&#8217;s figure, which was the highest since the recession ended in 2009. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":["post-24359","post","type-post","status-publish","format-standard","category-stevegsposts","czr-hentry"],"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/24359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=24359"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/24359\/revisions"}],"predecessor-version":[{"id":24360,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/24359\/revisions\/24360"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=24359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=24359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=24359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}