this post was submitted on 12 Feb 2025
58 points (98.3% liked)

US News

2108 readers
112 users here now

News from within the empire - From a leftist perspective

founded 5 years ago
MODERATORS
 

Original URL where the cowards have changed the title now: https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

Any fucking questions

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 14 hours ago

Someone better check on Will Stancil.