What is your explanation of this?

Discussion in 'Economics & Trade' started by Kode, Nov 19, 2017.

  1. Kode

    Kode Well-Known Member

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    Gallup did a study and finds the current real unemployment rate at a little less than 8% according to this graph, and it shows it is decreasing. Can we conclude that employment is improving? If so, it is interesting that this graph shows a decline in labor's share of corporate income since 2000.

    And if we look for shares of domestic gross income without limiting it to corporate income, we find this.

    This is pretty interesting too. https://econsnapshot.com/2012/10/16/is-labors-share-of-income-declining/

    Maybe it has something to do with this.
     
    Reiver likes this.
  2. Reiver

    Reiver Well-Known Member

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    The creation of jobs isn't difficult. The creation of 'good jobs' is. Britain has unemployment declining, but food banks continuing to be vital for local populations. How does it do it? It attacks the welfare state and offer apprenticeships on serving fish and chips. Nasty business really, with structural flaws in the economy (and focus on exploitation of labour) ensuring long term harm for society.
     
  3. james M

    james M Banned

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    new jobs come with education and supply of new inventions. Liberals have destroyed our schools and oppose supply side economics so they are 100% responsible for job situation.
     
  4. Reiver

    Reiver Well-Known Member

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    You've made no reference to the productivity gap. Wonder why?
     

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