
Why are 24% of Individuals nonetheless “Functionally Unemployed” in a rising economic system?
Amid headlines touting low unemployment and powerful hiring numbers, a deeper, extra troubling narrative is taking root throughout the American workforce. In keeping with a report by the Ludwig Institute for Shared Financial Prosperity (LISEP), 24.3% of working-age Individuals are “functionally unemployed”—a time period that recasts the standard definition of joblessness to replicate a far…