Anonymous
ID: eIG7TXDD
6/20/2025, 10:57:28 PM No.508126678
> Unemployment is still low at 4.2%, wage growth is steady, and the U.S. added a relatively healthy 139,000 roles in May according to the recent jobs report from the Bureau of Labor Statistics. But a growing number of Americans are “functionally unemployed” according to a new report.
> That’s a term that describes people who are not included in topline unemployment numbers, but are still struggling in the labor market. That includes people who are jobless but have stopped searching for work, as well as people who are employed but earning an annual salary of less than $25,000 a year.
> Around 24.3% of Americans currently fall under that category, according to a report from The Ludwig Institute for Shared Economic Prosperity (LISEP), a nonprofit focused on economic and policy research. That’s up from around 22.3% two years ago.
In other words: the ship is sinking and Trump's has nothing to stop it.
> That’s a term that describes people who are not included in topline unemployment numbers, but are still struggling in the labor market. That includes people who are jobless but have stopped searching for work, as well as people who are employed but earning an annual salary of less than $25,000 a year.
> Around 24.3% of Americans currently fall under that category, according to a report from The Ludwig Institute for Shared Economic Prosperity (LISEP), a nonprofit focused on economic and policy research. That’s up from around 22.3% two years ago.
In other words: the ship is sinking and Trump's has nothing to stop it.
Replies:
