True U.S. Unemployment Hits 24%, Disparities Deepen
3 Articles
3 Articles
The unemployment rate was 1.2%, representing a decrease of one tenth since the previous week, and the number of unemployed workers fell to 1,904,000, representing a decline of 3,000 from the previous period. The highest unemployment rates were recorded in New Jersey (2.2%), California (2.1%), Washington (2.1%), Massachusetts (1.9%), Rhode Island (1.9%), District of Columbia (1.8%), Illinois (1.6%), Nevada (1.6%), New York (1.6%), Oregon (1.6%) a…
Functional Unemployment Hits 24% in US, Affecting Black and Hispanic Americans - The Times Weekly
The numbers mark the third consecutive month that functional unemployment has surpassed 24%, according to LISEP, which defines functional unemployment as the combined total of those without jobsDespite federal reports suggesting a stable labor market, new data from the Ludwig Institute for Shared Economic Prosperity (LISEP) reveals a far grimmer reality for American workers—particularly Black and Hispanic Americans. The institute’s April report …
True U.S. Unemployment Hits 24%, Disparities Deepen
The labor market in the United States is facing a stark reality that official statistics often obscure. While government figures may report unemployment rates in single digits, a deeper analysis reveals a far grimmer picture, with the true unemployment rate surpassing 24 percent.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage