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Why are 24% of Americans still “Functionally Unemployed” in a growing economy?
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Despite low official unemployment figures, a deeper crisis looms: 24.3% of working-age Americans are “functionally unemployed,” according to LISEP. This includes those in low-wage or involuntary part-time work. The data reveals stark gender and racial disparities, challenging the illusion of economic recovery and raising urgent questions about what truly counts as employment in today's America.
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Retail inflation slips to 8-yr low of 1.6% in July
India's retail inflation hit an eight-year low of 1.6% in July, driven by moderating food prices...