One In Four Americans Are 'Functionally Jobless' — The 'True' Unemployment Metric That's Peaked In Recent Months

The U.S. unemployment rate is officially stuck at 4.2%, yet a lesser-known yardstick called "functional unemployment" now says roughly one in four American adults is effectively out of luck in the labor market, its highest reading in three months. What Happened: Compiled by the Ludwig Institute…
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