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▲ jimbokun 2 hours ago

Where is the 30% unemployment figure coming from?

▲snovymgodym 2 hours ago | parent | next [-]

I'm guessing he is posting from somewhere like Spain or Portugal where the youth unemployment is really high.

▲elinear 2 hours ago | parent | prev [-]

Youth unemployment was over 9% in 2025 [0]. 30% seems off

[0] https://fred.stlouisfed.org/series/SLUEM1524ZSUSA

▲cute_boi an hour ago | parent [-]

30% sounds correct to me. None of my friend have gotten any jobs after they were laid off. Some of them are doing some part time job like uber or doordash, and those aren't counted.

Same in China, PHD people are working as delivery driver....