The Manipulation of Numbers

The most dominant narrative in the world to day is that our unemployment rate is manageable. Yet we're not looking at the fact that tana labor force participation rate has been going down, says Ravi Agrawal. If you hare fewer people employed, youre going to have less output, which means lowage leaping growth, he adds. And i think this has also become important in understanding the psychology of people and the kind of jobs they're looking for, writes Rajan.