Religion and Ethics BBS

Religion and Ethics BBS
[ Religion and Ethics BBS ]

CBS says US unemployment rate is over 23%.

Posted by GOG on June 6, 2025, 5:30 am

"New research shows 1 in 4 Americans are 'functionally unemployed'"?

Posted by Ken C on June 6, 2025, 6:49 am, in reply to "CBS says US unemployment rate is over 23%."
Edited by board administrator June 6, 2025, 6:51 am

https://local12.com/news/nation-world/new-research-shows-1-in-4-americans-functionally-unemployed-jobless-hiring-inflation-help-full-time-positions-economy-poverty-middle-first-class-employment-wage-pay-study

Updated Mon, May 26th 2025 at 12:52 PM - Research released this month has show that about one in four Americans are unable to find living wage jobs.

Ludwig Institute for Shared Economic Prosperity (LISEP) has reported an increase in functional unemployment. According to LISEP's April True Rate of Unemployment (TRU) report, the rate of functional unemployment has risen to 24.3%, marking the third consecutive month it has exceeded 24%.

The TRU measures the functionally unemployed, which includes the jobless, those seeking but unable to find full-time employment and individuals in poverty-wage jobs.

Interesting. Sounds like something with an element of truth attached.

Posted by Mugwump on June 6, 2025, 5:37 pm, in reply to ""New research shows 1 in 4 Americans are 'functionally unemployed'"?"

Thanks for sharing it in meaningful fashion.

Here is the TRUTH.

Posted by DFM on June 6, 2025, 6:02 am, in reply to "CBS says US unemployment rate is over 23%."

https://www.bls.gov/cps/

Seasonally Adjusted

Unemployment Rate: 4.2% in May 2025

NOT TRUE.

Posted by DFM on June 6, 2025, 5:58 am, in reply to "CBS says US unemployment rate is over 23%."

It’s true in its own context. One should not expect

Posted by GOG on June 7, 2025, 6:16 am, in reply to "NOT TRUE."

government data to be honest. Mostly self-serving. Maybe the coming AI jobless tsunami will be.

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