The U-3 rate does not include those that drove for Uber one hour in the month. T...

gruez · 2026-03-07T16:41:41 1772901701

>The gold standard metric is labor participation rate of white men over 20

"gold standard"... according to whom? Economists? Internet commentators? White nationalists?

HarryHirsch · 2026-03-07T16:52:49 1772902369

Economists, of course - the confounder of discrimination is absent here. Recall: if something appears weird in the US, it's usually due to slavery.

gruez · 2026-03-07T21:30:12 1772919012

>Economists, of course

For what? "labor participation rate" or "labor participation rate of white men over 20"? The former is regularly cited, but the latter seems like a contrived statistic to make a point.

rayiner · 2026-03-08T03:34:50 1772940890

It’s not a contrived statistic. It’s a way to look at the fundamentals of the economy in a way that’s not confounded by the distinct effects of immigration, etc.

oa335 · 2026-03-08T11:11:43 1772968303

But it is confounded by demographic changes… namely the aging population.

forgotTheLast · 2026-03-07T19:12:52 1772910772

That's skewed by the number of retirees, which naturally increases in an aging population like white US men.

gilbetron · 2026-03-07T17:21:23 1772904083

That's because there are fewer white men because white men (and women) are the ones that are returning from the Baby Boomer era. https://fred.stlouisfed.org/graph/fredgraph.png?g=1T9dv&heig...