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submitted 1 week ago* (last edited 1 week ago) by ksynwa@lemmygrad.ml to c/us_news@lemmygrad.ml

Original URL where the cowards have changed the title now: https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

Any fucking questions

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[-] eatCasserole@lemmygrad.ml 8 points 1 week ago

Many in Washington bristled at the public’s failure to register how strong the economy really was

"The economy is so good guys."

"Why can't I afford to eat?"

"Shut up I said the economy is good, OK?!"

this post was submitted on 12 Feb 2025
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