Unemployment generally only measures the percentage of people who are seeking work but unable to find it. Those who don’t work because they are otherwise taken care of aren’t usually counted. That’s actually the source of the discrepancy in the article so the headline is bs imo.
I’m all for reducing our working hours as a population though. More productivity should equal less work, not more GDP
Unemployment generally only measures the percentage of people who are seeking work but unable to find it. Those who don’t work because they are otherwise taken care of aren’t usually counted. That’s actually the source of the discrepancy in the article so the headline is bs imo.
I’m all for reducing our working hours as a population though. More productivity should equal less work, not more GDP