Labor Supply and Economic Parallels

The government literally guesses the unemployment rate and usually gets it wrong. This labor economics

packet exposes how headline stats ignore discouraged workers and the side hustles keeping people afloat.

It really comes down to the labor supply decision where you constantly trade your free

time for cash. If the vibe of not working is worth more than the paycheck, you walk.

It’s crazy seeing the parallels to the Nixon era, too. He froze wages to

stop inflation and created OSHA, which completely changed the cost of labor.

Whether it’s dangerous jobs paying a premium or migration shifting salaries, the market is always

watching.