human1234 Posted May 27 Report Posted May 27 Real Unemployment Rate is Reaching Great Depression Levels (24.9%) https://www.reddit.com/r/economicCollapse/s/HwFuJyo1CZ Quote
human1234 Posted May 27 Author Report Posted May 27 https://www.yahoo.com/news/1-4-americans-functionally-unemployed-155455918.html?guccounter=1&guce_referrer=aHR0cHM6Ly9vdXQucmVkZGl0LmNvbS8&guce_referrer_sig=AQAAAFe89zRzfcrhja2K2oJ62g8w6kb02tGNVnIwDdfPisZAmDA2nKs5N39k-rufYUilDJjZ8PjTd43mJ3nna57vrS7hl-RaGbPn7xU_DJoMKIMMB5yagPXasr2196Aq_i2uvWMJ6xhTxvJQ0evmuKwA59oKJktT8_7TuoXybkJgOq_o Quote
dasari4kntr Posted May 28 Report Posted May 28 6 hours ago, human1234 said: Real Unemployment Rate is Reaching Great Depression Levels (24.9%) https://www.reddit.com/r/economicCollapse/s/HwFuJyo1CZ hmm…its 4.2% as of April 2025… check bls.gov site… sometimes social media…fools us… 1 Quote
jpismahatma Posted May 28 Report Posted May 28 6 hours ago, human1234 said: Real Unemployment Rate is Reaching Great Depression Levels (24.9%) https://www.reddit.com/r/economicCollapse/s/HwFuJyo1CZ There is no job scarcity in USA. There is labor shortage 1 Quote
human1234 Posted May 28 Author Report Posted May 28 1 hour ago, dasari4kntr said: hmm…its 4.2% as of April 2025… check bls.gov site… sometimes social media…fools us… Bro read the news article link The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy. Employers are also continuing to hire despite headwinds like tariffs and plunging consumer confidence. But another indicator suggests those pieces of government data may be painting an overly rosy picture of the economy, with a recent report from the Ludwig Institute for Shared Economic Prosperity (LISEP) finding the "true rate" of unemployment stood at 24.3% in April, up slightly from 24% in March, while the official Bureau of Labor Statistics rate remained unchanged at 4.2% over the same period. LISEP's measure encompasses not only unemployed workers, but also people who are looking for work but can't find full-time employment, as well as those stuck in poverty-wage jobs. By tracking functionally unemployed workers, the measure seeks to capture labor market nuances that other economic indicators miss, such as Americans who are left behind during periods of economic expansion Quote
dasari4kntr Posted May 28 Report Posted May 28 14 minutes ago, human1234 said: Bro read the news article link The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy. Employers are also continuing to hire despite headwinds like tariffs and plunging consumer confidence. But another indicator suggests those pieces of government data may be painting an overly rosy picture of the economy, with a recent report from the Ludwig Institute for Shared Economic Prosperity (LISEP) finding the "true rate" of unemployment stood at 24.3% in April, up slightly from 24% in March, while the official Bureau of Labor Statistics rate remained unchanged at 4.2% over the same period. LISEP's measure encompasses not only unemployed workers, but also people who are looking for work but can't find full-time employment, as well as those stuck in poverty-wage jobs. By tracking functionally unemployed workers, the measure seeks to capture labor market nuances that other economic indicators miss, such as Americans who are left behind during periods of economic expansion 14 minutes ago, human1234 said: LISEP's measure encompasses not only unemployed workers, but also people who are looking for work but can't find full-time employment, as well as those stuck in poverty-wage jobs. as far as i know… BLS got the data from…payroll agencies like how many new payrolls added and how many terminated..etc but in your LISEP study…they are talking about those who want to do only full time…they are called “discouraged workforce”…google this term…generally they won’t come under unemployment… Quote
Mancode Posted May 28 Report Posted May 28 It's high time to cut fed interest rates Country going to assam Coz of one nasty mfker called jerome powell and his team ,who has no clue of growth economics Tariff is the reason they often mention , if everyone on the road and they achieve 2.6 CPA inflation to 1.9 (under 2) they would very happy and be proud of economics knowledge they have That's how dumb they are US is going to be argentina on supply side @ growth @csrcsr @DuvvaAbbulu @human1234 @Konebhar6 @Spartan@futureofandhra and anyone who has idea of stock market & economics Trump ginchkuntundi anduke prathi FOMC meeting mundu and tarvtha on Truth social @krishnaaa ,he is seeing how small businesses are collapsing Quote
krishnaaa Posted May 28 Report Posted May 28 8 hours ago, Mancode said: It's high time to cut fed interest rates Country going to assam Coz of one nasty mfker called jerome powell and his team ,who has no clue of growth economics Tariff is the reason they often mention , if everyone on the road and they achieve 2.6 CPA inflation to 1.9 (under 2) they would very happy and be proud of economics knowledge they have That's how dumb they are US is going to be argentina on supply side @ growth @csrcsr @DuvvaAbbulu @human1234 @Konebhar6 @Spartan@futureofandhra and anyone who has idea of stock market & economics Trump ginchkuntundi anduke prathi FOMC meeting mundu and tarvtha on Truth social @krishnaaa ,he is seeing how small businesses are collapsing Home price decline is the need of the hour. People are still buying at high prices. This needs to stop. Sadly we need more layoffs to move the needle. 1 Quote
akkum_bakkum Posted May 28 Report Posted May 28 1 hour ago, krishnaaa said: Home price decline is the need of the hour. People are still buying at high prices. This needs to stop. Sadly we need more layoffs to move the needle. Until this happens, inflation and interest rates standoff wont resolve. 1 Quote
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