from Hacker News

B.S. on the jobs numbers euphoria

by spsrich on 7/10/18, 2:26 PM with 3 comments

• by jiveturkey on 7/10/18, 9:50 PM

  not particularly insightful. what he's espousing is well known to be true and argued by very many. (that wage growth is terrible, even in the face of jobs growth, giving statistical weight to back what we all know to ring true: most new jobs are low paying service-sector jobs like uber drivers)

  but if you aren't following the monthly reporting of this (jobs numbers come out monthly), because you know, you're a fairly well paid high skill worker, TFA does capture the issue fairly well, even if it is a bit scattered.

• by ohiovr on 7/10/18, 11:04 PM

  a dozen pages and no theory or explanation in case you have not read it yet.