Why are 24% of Individuals nonetheless “Functionally Unemployed” in a rising economic system?

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…

Read More
India’s unemployment charge rises to five.6% in Could as farm jobs decline post-harvest

India’s unemployment charge rises to five.6% in Could as farm jobs decline post-harvest

Jun 16, 2025 06:12 PM IST INDIA-ECONOMY/JOBS (PIX):India’s unemployment charge rises to five.6% in Could as farm jobs decline post-harvest By Manoj Kumar India’s unemployment charge rises to five.6% in Could as farm jobs decline post-harvest NEW DELHI, – India’s unemployment charge rose to five.6% in Could from 5.1% in April, partly as a consequence…

Read More
US added 151,000 jobs in February however sees unemployment tick up in first report of Trump’s new time period – Firstpost

US added 151,000 jobs in February however sees unemployment tick up in first report of Trump’s new time period – Firstpost

The US added 151,000 jobs in February, whereas the unemployment fee edged as much as 4.1 per cent from 4 per cent the month earlier than within the first jobs report of President Donald Trump’s second time period, in keeping with a report learn extra The US added 151,000 jobs in February, whereas the unemployment…

Read More
US job information: These are the highest hiring sectors as employers add 227,000 jobs in November

US job information: These are the highest hiring sectors as employers add 227,000 jobs in November

Amid fears of huge tariffs and inflation, November proved to be a powerful month for job creation in the USA. The economic system added 227,000 positions, a pointy rebound from October’s revised complete of 36,000. A pedestrian walks previous a “Now Hiring” signal posted on a enterprise storefront in San Gabriel, California(AFP) The uptick highlights…

Read More