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

  • sunbleachedfly
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    10 months ago

    24% vs 4% is by estimations about a 40m person difference. That seems like an incredibly important point to get across

    • CrimeDad@lemmy.crimedad.work
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      10 months ago

      Yes, of course. I just don’t understand the framing of Democrats being tricked. Is it supposed to be apologia for the Democrats running campaigns that got Trump elected twice?