The high “job unemployment” highlights a new disturbing direction in the labor market

The current labor market looks strong on the surface, but there are major problems under it.

Unemployment is still low at 4.2 %, wage growth is fixed, and the United States added 139,000 roles in May according to the last jobs a report From the work statistics office. But an increasing number of Americans are “unemployed” according to a new report.

This is a term that describes people who have not been included in unemployment numbers in Topline, but they are still struggling in the labor market. This includes unemployed people but they stopped looking for work, as well as the people who work but they get an annual salary of less than $ 25,000 a year.

About 24.3 % of Americans currently fall under this category, according to a report From the Ludwig Institute for Joint Economic Prosperity (LISEP), a non -profit organization focuses on economics and policy research. This rises from about 22.3 % two years ago.

” press release. “The harsh truth is that many Americans are still struggling to cover their expenses, absent from the flow of jobs that can be relied upon, and pay the economic gap.”

Alternative standards such as “job unemployment” may partially help clarify the reason for many workers feel the economy at the present time. one Modern report From the Glassdooor Employment platform, for example, I found that the employee’s confidence among workers in beginners has reached its lowest level ever. Traditional unemployment is still modest, but the labor market may calm down from where it was just a few years ago, and employees are looking for caution in how Definitions and AI It will affect the prospects of their future jobs.

“In the midst of the indeed economic outlook, the rise in job unemployment is development,” said Ludwig.

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