Unemployment is . . . about as bad as you think it is

Mother Jones

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Mixed Factuality

Independent: Mother Jones (Magazine)

Unemployment is . . . about as bad as you think it is

Here’s a headline in Politico:Unemployment Is Much Worse Than You Think — Here’s Why.Anyone who wants full-time work but can only find part-time work, and those working full-time but earning too little to climb above the poverty line, should be considered functionally unemployed. I’ve begun to calculate this, which I’ve dubbed the True Rate of Unemployment. And the TRU in December wasn’t 6.7 percent — it was an alarming 25.1 percent.This is foll…