• ElectricWaterfall@lemmy.zip
    link
    fedilink
    English
    arrow-up
    4
    ·
    20 days ago

    I find the numbers here to make a lot more sense for determining unemployment. 24.1% unemployment rate and that was in June, I’d imagine it’s worse now.

    Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $25,000 annually before taxes.

    https://www.lisep.org/tru