Unemployment 4.2%

Tom Waters twaters at usit.net
Fri Jun 18 11:02:51 PDT 1999



> Seth Ackerman wrote:
>
> >an index based of the percentage of working-aged people
> >without jobs.

And on Fri, 18 Jun 1999, Doug Henwood wrote:


> Or in other words, 100% less the employment/population ratio. By that
> measure, the U.S. working class is a lot better off than the Western
> European working class. Would you want to make that argument?

I assume that's because employment is not the only component of working-class well-being, rather than because employment has nothing to do with well-being. I wish I had a job.

What are the reasons why European workers as a class are better off than US workers? Can those other components of well-being be meaningfully combined with employment to give a better picture?

Tom

Thomas Waters twaters at usit.net 1021 East Oak Hill Avenue, Knoxville TN 37917 How many biscuits can you eat? Forty eight more and a pound of meat. This morning, this evening, right now.



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