this post was submitted on 17 Oct 2024
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After adjusting for inflation, wages are higher than at any point in U.S. history, and after adjusting for age and sex, the percentage of the population that is employed is around its peak in U.S. history.

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[–] [email protected] 6 points 1 month ago (1 children)

Huh, tell that to all the laid off engineers that corpo thinks will be replaced with AI. There have been constant layoffs over the last couple of years in all sorts of industries.

Reducing the seats at the table to then claim the table is full, and thusly successful, is not honest, nor accurate.

[–] Pacattack57 3 points 1 month ago

That’s not how unemployment numbers work. It sucks that people are laid off but in the grand scheme of things unemployment is the lowest it’s ever been. Just cuz something bad happens to someone you know doesn’t mean the current administration is bad.