That's like someone hearing about a landmine problem with people getting their legs blown off, and saying "it's a good thing, as wings are better anyway, and they'll be able to just fly wherever they want" - when nobody is getting wings or mentioned anything about wings.
Likewise, nobody said the higher unemployment is combined with higher wages (it's combined with worse jobs and inflation), or that it indicates "more single income households able to make ends meet and live higher quality lives" (rather, family households live hand to mounth, and single with no kids still have troubles financially).
And of course there's absolutely no indication or real possibility that this will be the case.
>I’d argue in favor of deflating costs or raising wages instead of increasing labor force participation, but that’s my personal soapbox.
Why not also give everybody a free pony while at it? So they can spend all that quality time they gain from not having a job in 2026.
Likewise, nobody said the higher unemployment is combined with higher wages (it's combined with worse jobs and inflation), or that it indicates "more single income households able to make ends meet and live higher quality lives" (rather, family households live hand to mounth, and single with no kids still have troubles financially).
And of course there's absolutely no indication or real possibility that this will be the case.
>I’d argue in favor of deflating costs or raising wages instead of increasing labor force participation, but that’s my personal soapbox.
Why not also give everybody a free pony while at it? So they can spend all that quality time they gain from not having a job in 2026.