This is not a SFW instance. NSFW communities will be tagged, and efforts will be made to keep SFW communities clean, but proceed at your own comfort level.
Those unemployment statistics often lump in people who can’t work (disability) or aren’t looking for work (like a stay at home parent/caregiver). It’s rarely just people actively looking for work and not finding it.
You really have to dig into how the percentage is calculated to get any real value out of it.
The ‘functional unemployment rate’ that reaches 24% includes ‘those involuntarily working part time for povery wages less than $26,000 annually before taxes’ according to CBS news
The disability rate and disenfranchisement rates are different statistics. Just straight unemployment period amongst those who can work and/or are lloking is the lower single digit figure, generally around 4-7%
Those unemployment statistics often lump in people who can’t work (disability) or aren’t looking for work (like a stay at home parent/caregiver). It’s rarely just people actively looking for work and not finding it.
You really have to dig into how the percentage is calculated to get any real value out of it.
The ‘functional unemployment rate’ that reaches 24% includes ‘those involuntarily working part time for povery wages less than $26,000 annually before taxes’ according to CBS news
https://www.cbsnews.com/news/functional-unemployment-us-labor-market-analysis/
The disability rate and disenfranchisement rates are different statistics. Just straight unemployment period amongst those who can work and/or are lloking is the lower single digit figure, generally around 4-7%