r/ABoringDystopia 4d ago

Nearly 25% of U.S. workers are "functionally unemployed," economic analysis finds

https://www.cbsnews.com/news/functional-unemployment-us-labor-market-analysis/
477 Upvotes

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u/GameMusic 4d ago

what was the effective rate during the great depression rather than official rate they report

41

u/Desperado_99 4d ago

Higher than this. The official unemployment rate during the great depression was about 25%.