Employment stats are designed to measure economy-wide shifts, not early, localized, white-collar disruptions. The sampling will smooth those effects away until they’re large.
CPS samples 60k households per month to represent ~150+ million workers. Households stay in the sample 4 months, out 8, back 4.
Copywriters will get smoothed out in the aggregate, and the definition will mask this. Even if you work one hour, you are technically employed. If you are not actively looking for work for more than a month, you are also not technically unemployed.
Unemployment data is a lagging indicator for detecting recessions not early technological displacement in white-collar niches.
CPS samples 60k households per month to represent ~150+ million workers. Households stay in the sample 4 months, out 8, back 4.
Copywriters will get smoothed out in the aggregate, and the definition will mask this. Even if you work one hour, you are technically employed. If you are not actively looking for work for more than a month, you are also not technically unemployed.
Unemployment data is a lagging indicator for detecting recessions not early technological displacement in white-collar niches.