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Keeping it Simple | Ep. 23: The Great Rupture! I'll take your Freedom and raise you Happiness.

Keeping it Simple with Simplify Asset Management

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The BLS Is Not Capturing the Changing Labor Force in the US

If we're measuring people properly, the proportion of labor force in the US in multiple jobs will not be 4 and a half 5% because remember it's state at around 5% for two decades. I can't believe that we only have 7 and a half 8 million people who are reputedly only working more than one job. So to me, BLS is not capturing the changing labor force, particularly in the US and UK less so in other countries. The problem is people who have money these days are actually accumulating money faster than their capacity to spend.

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