Apple’s displays are docks in that they supply power, usb ports, camera, sound, and recently thunderbolt pass through. They put a big chunk of an old iPad in there to run the thing. Overkill but they own the electronics and software.
The post you replied to specified young people so 70M is the wrong denominator. The UK currently has far more than 1 million working age adults unemployed and the denominator for that is still less than 70M because Britain has plenty of retirement age adults too.
I chose the denominator of a society of 70 million to match the data link I posted.
It’s possible the unemployment rate among you adults is historically high, but I haven’t seen data on that. I doubt it, based on the overall unemployment rate.
edit: looked up the current data. Age 16-24 unemployment excluding trainees and students is 12.8% which is about double the current overall unemployment rate. Haven't found historical data on this cohort yet. We might expect youngsters to be less employed than experienced people, but double does seem high on the face of it.
I think it's important to put numbers in historical context when saying or implying that we're in some kind of crisis.
Youth unemployment sucks for the people involved and the people around them. Every one of them has my sympathy. We are not in a period of unusually high youth unemployment, according to the UK government data.
> Found it. Youth unemployment is currently at about the (eyeball) median rate for the last 32 years.
It is currently there. The economy doesn't seem to be getting friendlier to the youth though. That median also seems pretty heavily skewed by a seven-year jump in youth unemployment after 2008, which seems like a bad omen.
Good correction, thanks. For completeness, that’s dividends on stocks, but not dividends on bonds, which are treated like interest.
In any case, dividends are taxable in the current year, and unrealized stock gains are not.
In case the difference doesn’t seem like a big deal, consider that if you die without selling the stocks, your heirs inherit them at the prevailing price, and no one ever pays tax on the gain they made between when you bought them and when you died.
Rich people who need neither dividend cash or stock sales to pay living expenses prefer not to get dividends so they can pay very little tax.
This enormous loophole for the rich brought to you by your US representatives.
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