by some measures unemployment is at 25% and this aligns with my personal experience much better than frankly the bs 4% rate that is being pushed by this admin

https://www.lisep.org/tru

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bwhiting2356 2 days ago | parent | next [-]

in your link, the "true rate" has also not risen since the rise of AI, was higher in 1995

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rmah 2 days ago | parent | prev | next [-]

According to their numbers the TRU rate of unemployment between 2022 and 2026 is the lowest it's been in 30 years.

	▲	ikrenji 2 days ago \| parent [-]
		hm, you're right. looks like they just take the official figure and slap a constant on it. regardless, I still think the official figure is fundamentally flawed and doesn't reflect the health of the job market ~ underemployment, workers that gave up looking, etc

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mc32 2 days ago | parent | prev [-]

4% may be optimistic but 25% is great depression levels of unemployment and it’s nowhere near that. We could be at 6%.