• rusticus@lemm.ee
    ·
    1 year ago

    Unemployment rates are not poverty rates. And those have been pretty stable since 1950. Less than 4% in 2018 and 2019 for example.

    https://www.thebalancemoney.com/unemployment-rate-by-year-3305506

      • rusticus@lemm.ee
        ·
        1 year ago

        Negative. https://en.wikipedia.org/wiki/Poverty_in_the_United_States

        Corrected for the redesigned equation (see caption of Figure 4). It's been more or less stable for 50 years.