Derf's Grotto

[fung_derf]

Last night the President stated unemployment numbers low. Reminds me of a lunch I had some years back with the Fed Chief of Dallas. He was talking about how unemployment rate is calculated. He said they call up 60,000 people nationally every month and ask them two questions:

A) Do you have a job?
B) If no, do you want one?

That's it!

Can't think of a more useless stat, and if the government is handing you money, why would you want to work? Same is true if you're making a living making Youtube and Tiktok videos.