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Unemployment Rate

by Jadrian

In an interview segment discussing the economy, primarily the unemployment rate, Representative Ocasio-Cortez dismissed claims that the economy is strong because of a historically low unemployment rate because "Unemployment is low because everyone has two jobs. Unemployment is low because people are working 60, 70, 80 hours a week and can barely feed their family."

The issue with this claim is, namely, that the unemployment rate does not distinguish between the number of hours that people are working, nor the number of jobs they hold. While there are a narrow set of rules to be considered unemployed, only about 5% of Americans currently hold multiple jobs

Ocasio Two Jobs

Ocasio-Cortez claims unemployment is low because people have 2 jobs

from Firing Line (2018)
Creator: Margaret Hoover
Distributor: PBS
Posted by Jadrian
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