The New Normal: Big Unemployment
by Jim Clifton CEO at Gallup
These measures severely under-count the number of underemployed people in America and are far removed from people’s real experiences and suffering. For example, the BLS reports the adjusted unemployment rate at 7.6% right now, where Gallup shows an underemployment rate of 17.2%. That latter figure is far more worrisome because it indicates that more than 20 million Americans remain unemployed or grossly underemployed.
- Why Underemployment May Be Even Worse Than It Looks (theblaze.com)