Unemployment - A Farcical Distortion of Reality / GloballyReal Unemployment peaked at 36.37% prior
to 4 week Drop Offs.
Factually it did not Peak.
It has not Peaked.
It continues to climb well above 36.37%.
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It currently stands at an "Adjusted 25.1%"
Which further fails to account for those
wandering the in Desert.
Full-Time Employment remains on a Steep
Trajectory of Decline.
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By OECD Measures (Hedoniclly Adjusted)
Average annual hours worked is defined as the
total number of hours actually worked per year
divided by the average number of people in
employment per year.
A Pure Quantitative Measure.
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Qualitative Measures toss the OECD's ToolSet
in the Dumpster.
Useless.
Why?
Extraordinarily Simple.
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TOTAL HOURS has declined since May of 2019
at the Fastest Rate of Change in History.