Quarter of Americans Face 'Functional Unemployment' Reality
TL;DR Summary
Despite a low official unemployment rate of 4.2% in April 2025, nearly 25% of Americans are considered 'functionally unemployed' according to LISEP, which includes those working part-time, in poverty-wage jobs, or not earning a living wage, highlighting a significant disparity between official figures and the true state of economic hardship in the US.
Topics:business#economy#functionally-unemployed#income-inequality#labor-market#unemployment#us-economy
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