No it’s that wages climb too much when unemployment is too low. The Feds even fucking said it during the inflation. They wanted a higher unemployment rate. Super fucked unless there was ever a basic income.
Comment on Facebook and Instagram to Unleash AI-Generated ‘Users’ No One Asked For
taladar@sh.itjust.works 5 days agoWell, technically 100% employment wouldn’t be desirable, that would mean nobody can ever switch jobs or take some time off from working to deal with some personal issues or projects.
anomnom@sh.itjust.works 5 days ago
hitmyspot@aussie.zone 5 days ago
I think employment is based on those seeking work. So if you take time off, you wouldn’t be counted. It’s a balance in the market that stops wage rises and inflation when there is unemployment. It’s obviously not desirable for the individual.