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Why whine about jobs, as if someone owes you one? Find an unmet need and start a business!
russ_watters said:There's never such a thing as a perfect economy with no negative indicators, but you have to admit that it takes a pretty deep dive into secondary indicators to find those negatives. That's what that article is about. In this example, not only is it a secondary indicator, but one has to dig into it to find a negative part of it, since the first two explanations for the stat are both positives or at worst neutral! So I'd have to see the stat that they/you are referring to to know how significant it is. But I can say this: after a recession, that number will lag because obviously unemployment has to go down first before people come back into the labor market. So even if that number is higher than what one would call "good" (I don't know because the stat isn't offered), it is still almost certainly trending rapidly in the right direction. And more to the point, with us being essentially at full employment, there is no good excuse for those people to stay out of the labor market.
That is a clear negative, but again, when you have to dig into a positive stat to find a negative component, you're working reeealy hard to spin an overall positive as a negative.
That one is now well out of date. It had been of significant concern/surprise during the recovery, but the census bureau updates those numbers annually, in September. So despite being only a 10 month old story, that's 2013-14 numbers. The 2014-15 jump in median income was huge:
http://money.cnn.com/2016/09/13/news/economy/median-income-census/