They have different lists for different things. Real unemployment is closer to 30% than 3.
Between shipping manufacturing jobs elsewhere, and allowing in immigrants who do menial work, people at the low end of the economy are pretty pinched for work.
Isn’t the unemployment rate close to record low? I mean, a lot of people work 2 and more full-time jobs to make ends meet, but that seems like a different issue.
RangerJosie@lemmy.world 6 days ago
WeirdGoesPro@lemmy.dbzer0.com 5 days ago
Where do you get that number from?
ZombiFrancis@sh.itjust.works 5 days ago
Unemployment is typically measured by people seeking unemployment benefits, not by volume of people out of work.
Similarly job creation is usually measured by job offerings and not positions filled.
As a result you can get what has been happening: low unemployment and high job creation where people aren’t getting jobs and jobs aren’t being filled.