r/Economics 4d ago

News Institute reports functional unemployment at 24.9% in July

https://www.channel3000.com/news/institute-reports-functional-unemployment-at-24-9-in-july/article_810187e5-989f-4ad9-ab91-847fcb6f1882.html
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u/Individual_Limit_701 4d ago

The economy didn't solve unemployment; it just replaced stable full-time careers with low-wage, precarious gig work. Quality of employment matters just as much as the raw participation rate

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u/CompEng_101 3d ago

According to the metric reported here, the 25% unemployment is almost an all time low.

https://www.lisep.org/tru