2 ms·
by some measures unemployment is at 25% and this aligns with my personal experience much better than frankly the bs 4% rate that is being pushed by this admin
by ikrenji 2mo ago
by some measures unemployment is at 25% and this aligns with my personal experience much better than frankly the bs 4% rate that is being pushed by this admin
https://www.lisep.org/tru https://www.lisep.org/tru
- bwhiting2356 2mo agoin your link, the "true rate" has also not risen since the rise of AI, was higher in 1995
- mc32 2mo ago4% may be optimistic but 25% is great depression levels of unemployment and it’s nowhere near that. We could be at 6%.
- rmah 2mo agoAccording to their numbers the TRU rate of unemployment between 2022 and 2026 is the lowest it's been in 30 years.
- ikrenji 2mo agohm, you're right. looks like they just take the official figure and slap a constant on it. regardless, I still think the official figure is fundamentally flawed and doesn't reflect the health of the job market ~ underemployment, workers that gave up looking, etc