i have always found unemployment numbers to be low. we peaked at 12% in the early 2000's or so, and have been down only since. i don't know about you folks, but at my dayjob i almost daily have interactions where i think to myself "how is anyone paying this person money". i joke to my boss sometimes that we really need a hard hitting recessions to filter out all the idiot clients.

i know in the economicel world, employment is this hugely important metric. low is good, right? the FED itself is on record for saying something like "yea who cares if we pump the fuck out of stonks bro, employment is low so what hold this QE nerd". i strongly believe that anything below 10% is artificially pumped up employment that leads to people doing nothing but browsing facebook all day.

if the coofid-era has taught me anything, it's that stocking shelves and driving food in a truck are essential jobs, while cardigan wearing steve in his homeoffice -- thinking that this is like a struggle of some sorts -- is as fucking irrelevant as could be.

and this is my main gripe with economic metrics. like who is actually losing their jobs? if it is sarah from marketing who has been working with computers for 15 years but still cant figure out how to transfer files, well then thats probably a good thing.

what actually is the cost to having so many people employed. i bet it would probably be economically more reasonable to just pay people social welfare to do nothing instead of propping up the economy for two decades with QE just so fucking karen can post selfies at her cute office with her macha latte coffee.