True Rate of Unemployment

Even though inflation has moderated significantly in recent months, it appears to have been at the expense of low-wage workers, with the "functional unemployment" rate jumping by 1.2 percentage points for July, according to the True Rate of…
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More Black Workers Returning to Workforce, but Unable to Find Living-Wage Jobs After nearly a year of improvement in the ability of Americans to find full-time, living-wage jobs, the percentage of workers classified as "functionally…
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South, Northeast Had Biggest Increase in ‘Functionally Unemployed’ During Pandemic Eighty-four of the nation's largest metropolitan areas posted negative growth in living-wage jobs -- five by double digits -- during the first year of the…
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Racial Gap Narrows as Gender Gap Grows, According to Ludwig Institute Report For the fourth consecutive month a higher percentage of Black workers are finding living-wage jobs, according to the October True Rate of Unemployment (TRU)…
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A new economic indicator launched today by the Ludwig Institute for Shared Economic Prosperity (LISEP) reveals a True Rate of Unemployment (TRU) of 26.1 percent for September, compared to the accurate but misleading 7.9 percent reported by…
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