Meaningless considering gig work counts against unemployment, but has none of the benefits traditionally associated with employment. It's 14.3%-19% if you include full time gig work and %30.7-35.4% if you include part time gig workers.

It's ridiculous to say that the "economy works" or is doing well if 99% of people deliver pizzas. Most of the wealth created doesn't come from pizza delivery if people aren't participating in the industries that generate value then they might as well be outside of the labor market entirely.

It's shocking that people don't understand the history or purpose of the unemployment metric. If someone living in a rural town moves to an industrialized city and they cannot find a job then the industrial machine needs more capital allocated to it. Currently we've built a slave economy were low tiers service high tier people. It's a very easy trap to fall into for obvious reasons, but it stalls growth.