Well the Trump economy is now experiencing low unemployment levels not seen since 1969 so if there's an "idea"
to do what Kim suggested above, then Trump (at least) doesn't seem to be playing along with Kim's theory...
U.S. Bureau of Labor Statistics wrote:The US unemployment rate decreased to 3.5 percent in November 2019 from 3.6 percent in the previous month while markets had expected it to be unchanged at 3.6 percent. The number matched the September figure which was the lowest since 1969. Over the month, the number of unemployed persons decreased by 44,000. The labor force participation rate edged down to 63.2 percent from 63.3 percent in October. Unemployment Rate in the United States averaged 5.74 percent from 1948 until 2019, reaching an all time high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953.
In 2019, the US (excluding California) had a drop in the homeless rate. Only when you put California back into the mix, which increased by 16.4% in 2019, does it become a small overall rise.
WASHINGTON - Ahead of the release of the 2019 Annual Homelessness Report to Congress, U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson certified data related to the study. While the rest of the country experienced a combined decrease in homelessness in 2019, significant increases in unsheltered and chronic homelessness on the West Coast, particularly California and Oregon, offset those nationwide decreases, causing an overall increase in homelessness of 2.7 percent in 2019, according to the latest national estimate by the U.S. Department of Housing and Urban Development. The study found that 567,715 persons experienced homelessness on a single night in 2019, an increase of 14,885 people since 2018. Meanwhile, homelessness among veterans and families with children continued to fall, declining 2.1 percent and 4.8 percent, respectively, in 2019.
There is significant local variation reported from different parts of the country. Twenty-nine states and the District of Columbia reported declines in homelessness between 2018 and 2019, while 21 states reported increases in the number of persons experiencing homelessness. Homelessness in California increased by 21,306 people, or 16.4 percent, which is more than the total national increase of every other state combined. (Source
Employment and unemployment certainly makes a difference, although there are also other localized factors at play (as discussed in this topic
Here's some headline statistics from the above HUD source...
On a single night in January 2019, state and local planning agencies reported:
- 567,715 people were homeless, representing an overall 2.7 percent increase from 2018 but a nearly 11 percent decline since 2010.
- 37,085 Veterans were reported as homeless, a decline of 2.1 percent from 2018 and 50 percent since 2010.
- 53,692 families with children experienced homelessness last January, down nearly 5 percent from 2018 and more than 32 percent since 2010.
- Homelessness increased in California by 21,306 people, or 16.4 percent, accounting for more than the entire national increase.
- The estimated number of persons experiencing long-term, chronic homelessness increased 8.5 percent between 2018 and 2019. This increase was concentrated on the West Coast, with the largest increases in California.
- The number of unaccompanied homeless youth and children in 2019 is estimated to be 35,038, a 3.6 percent decline since 2018. HUD and local communities are engaged in a more intense effort to more accurately account for this important, difficult-to-count population.