> I’d love to see some data supporting this argument because I’ve heard it over and over from people all over the political spectrum the past few years but it just doesn’t line up with any data.
Wasn't one of the main points — perhaps the main point — of the article that the data is measured wrong?
> You act like they’re quoting abstract numbers which are meaningless compared to people’s “lived experience” but unemployment is a large part of people’s experience.
Yeah, and the article was in large part about how the unemployment measures in the data don't reflect what people’s lived experience of unemployment is. That's pretty much the definition of “abstract numbers which are meaningless”.
> Furthermore, inflation adjusted wages are up (with the highest gains in the lowest 50% of earners).
Again, that depends very much on how you measure inflation.
> If these statistics aren’t fully capturing people’s experiences, I’m sure every economist in the world would love to know what metrics are better.
That may be the reason the article suggested some new metrics. Honestly, did you even read it at all?
Wasn't one of the main points — perhaps the main point — of the article that the data is measured wrong?
> You act like they’re quoting abstract numbers which are meaningless compared to people’s “lived experience” but unemployment is a large part of people’s experience.
Yeah, and the article was in large part about how the unemployment measures in the data don't reflect what people’s lived experience of unemployment is. That's pretty much the definition of “abstract numbers which are meaningless”.
> Furthermore, inflation adjusted wages are up (with the highest gains in the lowest 50% of earners).
Again, that depends very much on how you measure inflation.
> If these statistics aren’t fully capturing people’s experiences, I’m sure every economist in the world would love to know what metrics are better.
That may be the reason the article suggested some new metrics. Honestly, did you even read it at all?