One minor note for clarity: I initially interpreted the term “employment rate” to be the complement of the unemployment rate and was confused why it was so high (and I didn’t realize it was clickable). For example in 2027, its at 62% with only a 1.2x AI R&D speedup. (In this picture, I selected 2027 and hovered over employment to get the tooltip)
I didn’t realize that there was an official meaning of the term (which you had meant) like OECD’s official definition.
But I think many readers are likely to misinterpret this. (I I would suggest renaming the tooltip text and possibly also the box.
For a fix, I’d guess that you can come up with something better than me but I’ll tentatively suggest 1) Change the tooltip header to Employment to Population Ratio instead of Employment Rate[1], 2) Perhaps change the body of the tooltip to explicitly say this is different from the complement of the unemployment rate and note the age group, and 3) Most tentatively, perhaps change “Employment” on the main image to “Adults with Jobs”.
It sounds less confusing and is pretty commonly used. For example, I’d learned of this metric as employment to population ratio (not employment rate) back in Econ class.
Looks like this was fixed. There is a new note in the tooltip and clickable:
Note: We don’t use “unemployment rate” because it excludes people who aren’t actively seeking work, so it understates job losses as AI displaces workers
This looks very interesting, thanks for writing!
One minor note for clarity: I initially interpreted the term “employment rate” to be the complement of the unemployment rate and was confused why it was so high (and I didn’t realize it was clickable). For example in 2027, its at 62% with only a 1.2x AI R&D speedup. (In this picture, I selected 2027 and hovered over employment to get the tooltip)
I didn’t realize that there was an official meaning of the term (which you had meant) like OECD’s official definition.
But I think many readers are likely to misinterpret this. (I I would suggest renaming the tooltip text and possibly also the box.
For a fix, I’d guess that you can come up with something better than me but I’ll tentatively suggest 1) Change the tooltip header to Employment to Population Ratio instead of Employment Rate[1], 2) Perhaps change the body of the tooltip to explicitly say this is different from the complement of the unemployment rate and note the age group, and 3) Most tentatively, perhaps change “Employment” on the main image to “Adults with Jobs”.
It sounds less confusing and is pretty commonly used. For example, I’d learned of this metric as employment to population ratio (not employment rate) back in Econ class.
Looks like this was fixed. There is a new note in the tooltip and clickable:
Thanks for the fix!