The ‘functional unemployment rate’ that reaches 24% includes ‘those involuntarily working part time for povery wages less than $26,000 annually before taxes’ according to CBS news
The disability rate and disenfranchisement rates are different statistics. Just straight unemployment period amongst those who can work and/or are lloking is the lower single digit figure, generally around 4-7%
The ‘functional unemployment rate’ that reaches 24% includes ‘those involuntarily working part time for povery wages less than $26,000 annually before taxes’ according to CBS news
https://www.cbsnews.com/news/functional-unemployment-us-labor-market-analysis/
The disability rate and disenfranchisement rates are different statistics. Just straight unemployment period amongst those who can work and/or are lloking is the lower single digit figure, generally around 4-7%
Thank you for doing the research. I wonder how they determine involuntary part time employment. I guess using unemployment benefits data?