After adjusting for inflation, wages are higher than at any point in U.S. history, and after adjusting for age and sex, the percentage of the population that is employed is around its peak in U.S. history.
After adjusting for inflation, wages are higher than at any point in U.S. history, and after adjusting for age and sex, the percentage of the population that is employed is around its peak in U.S. history.
It’s really gross how “full employment” is considered a good thing. Personally I think it’s miserable how people are forced to waste their lives serving capital. I would much prefer having “full freedom” or at least a 4-day work week. But those kinds of goals are completely outside the hegemonic narrative of economics.