Sign up for a free recipe e-book →

Clarissa's Blog

Good News

Published by

Clarissa

on

Unemployment in the US has dropped to 5.9%. This means the recession is completely over.

If your first reaction to this news is “yes but”, please start paying attention to your emotional well-being. Unlike the country, you are not on a good path.

4 responses to “Good News”

  1. Homple Avatar
    Homple

    Remember the drop in participation rate that is the other part of the arithmetic of unemployment rates before getting overly excited about the robustness of the economy. Also, part time non-benefit jobs are increasingly prevalent.

    Liked by 1 person

    Reply
  2. Shakti Avatar
    Shakti

    What is the point of that announcement?
    The recession ended in 2009.
    Nobody cares about numbers; everybody benchmarks against their personal economic situation and what they personally observe among their acquaintances.

    Like

    Reply
    1. Clarissa Avatar
      Clarissa

      “Nobody cares about numbers; everybody benchmarks against their personal economic situation and what they personally observe among their acquaintances.”

      – Let’s not generalize, especially when it’s obvious that I do care about numbers and am interested in how people I haven’t personally met are doing.

      Like

      Reply
      1. Clarissa Avatar
        Clarissa

        Unemployment of under 6% is absolutely the best a capitalist system can hope for. It’s an enormous achievement, enormous.

        Like

        Reply

Leave a comment

A conservative literary critic and college professor

Recent posts