> America is at near full employment

Pretty sure that is the U3 rate which only counts people as unemployed if they are actively looking for a job. The U6 is better and rarely falls below 5%:

https://fred.stlouisfed.org/series/U6RATE

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mcmcmc 29 minutes ago | parent | next [-]

I don’t think you can take any numbers coming from this administration seriously, regardless of the institution.

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will4274 2 hours ago | parent | prev | next [-]

The U6 is also historically low though. America is as fully employed as just about anytime in the past 50 years. Using a different metric may have different raw numbers, but the conclusion is the same.

	▲	tw04 an hour ago \| parent [-]
		>America is as fully employed as just about anytime in the past 50 years. And what percentage of those workers are Walmart or Amazon warehouse employees who don't have healthcare coverage and don't make enough money to actually cover their monthly bills without being on welfare/public assistance? Because my linkedin extended network says there's an awful lot of highly skilled people unable to find jobs in their respective fields.

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b112 3 hours ago | parent | prev [-]

Same issue in my country with employment rates. Yes, some of those have been looking for work for so long that they slide from looking to "not looking" automatically. However at the same time, some of those people actually don't want to work.

And if they don't want to work, why would that impinge upon full employment, because what is the plan? Force people to work who are retired, or don't want to? Work or go to jail? "Full employment" is always presumed to be "people wanting to work can find it".

	▲	AlexCoventry 2 hours ago \| parent [-]
		Giving up looking is not necessarily the same as not wanting a job.