Monday, August 13, 2018

Scott Walker Is A Creep

Scott Walker Boasts About the Sun Coming Up in the Washington Post
Politicians like to take credit for things they have little to do with it. Serious newspapers point this fact out when it happens. 
The Washington Post fell down on the job in a piece that quoted Wisconsin governor Scott Walker saying, "There are more people in the workforce in Wisconsin than ever before in the history of the state." 
This is an pretty empty claim since it will be true most of the time (except recessions) for most states. Since populations generally grow, unless there is a downturn, in most months the state will have more people in the workforce than ever before. 
A more serious analysis would look at the percentage of the population in the workforce. This is not at an all-time high. In June, 54.6 percent of Wisconsin's population was in the workforce. This compared to more than 55.0 percent in 2000. 
It is possible that this drop is explained by demographic changes (more older people and children today), but the percentage of people in the workforce would be the real question, not the number. The Post should have pointed this out to its readers so they would not be deceived by Walker's nonsense boast.

Unemployment

The U-6 rate is the unemployment rate that includes discouraged workers who have quit looking for a job and part-time workers who are seeking full-time employment.


For Further Reading:
Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons