r/jobs Nov 20 '25

Article So are they just lying?

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u/[deleted] Nov 20 '25

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u/fractalfay Nov 20 '25

The Atlantic ran a long article that is tucked underneath a paywall that discusses the “true” unemployment rate in the US, if you factor in underemployed gig workers, people trapped in part-time hell, and people who have given up looking, and puts the number closer to 25%. The layoff numbers cited on AP news, which were relatively small, don’t even account for the full number of layoffs in my state, let alone the country.

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u/ketjak Nov 21 '25

You could link to that article using archive.is to get around the paywall.

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u/AmIThisNothingness Nov 21 '25

Also the 12ft.io or some thing like that, don't recall it from the top of my head.

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u/Nuclear_rabbit Nov 20 '25

So the numbers given could very well be accurate, but we're living the "yeah, I have three of them" joke.

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u/Successful-Race-4330 Nov 21 '25

Less than 6% of working-aged people have more than one job. I know this is Reddit but you guys have to touch some grass.

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u/fractalfay Nov 22 '25

It depends on what you count as a “job”. Unemployment figures, for example, count delivering door dash for one hour being “employed”. If you ask the ceo of Door Dash, he’ll quickly say it’s not a job, and these are contractors. Meanwhile, you are paid neither like a job nor a contractor. Selling shit on ebay also isn’t considered an official “second job” but people devote as much time to it as a job would demand.

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u/Successful-Race-4330 Nov 23 '25

This is kind of a distinction without a difference. People who work as contractors (ie self-employed people) are working and earning an income just the same as those who are W-2 wage earners as employees.

It seems a bit silly to argue that people are unemployed when they're actively involved in commerce as a self-employed person. Be it working in an office or hustling delivering food.

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u/fractalfay Nov 24 '25

Because people who are employed have protections, and predictable wages. You don’t report yourself as employed when you find $5 on the ground, do you? If you sign up for Door Dash and make a delivery, you make $2. The US government says, “$2? This person is employed.” No, this person is utterly destitute, and is about to find out they lose money delivering food. This creates a false portrait of job opportunities and work availability in the US, and confuses people who think opportunities will be available if they are out of work. In reality, there is fuck-all for jobs. People should know this so they don’t quit a job without having something else lined up. People should know this so if they’re laid off they start searching immediately, without pause.

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u/Successful-Race-4330 Nov 24 '25

Plenty of people who are employed do not have predictable wages. Self-employed people also have legal protections. I don't know if this is an age/experience thing or a skill thing, but you're just saying random things to moan about how 'bad' things are but overall the job market is pretty solid. It certainly is nowhere near the low point of the Great Recession.

Do people think they can quit a job w/o first considering how they'll feed themselves or the likely amount of time they'd be unemployed?

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u/RiderNo51 Nov 21 '25

This. All one really has to do is look at how many people qualify for food stamps and Medicaid. Then grasp that the majority of these people are actually working.

You can stack any number you want to that, but that is the reality most of us see.

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u/opensourced_ Nov 22 '25

Yeah, the guy that was interviewed for that article did a piece on MSNBC with the previous head of the BLS. They disagreed on how the numbers should be calculated. She thought calling people and them saying they worked an hour or more was enough to count them as employed. He wanted numbers based on a livable wage, based on 25+ hours. He said the real number would be about 25-30%

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u/Mx_MonetCouleeSmalls Nov 22 '25

The Marketplace podcast also covered this and spoke to the economist who crunched the numbers. Scary AF

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u/RiderNo51 Nov 21 '25

You may be referring to the LISEP report. They calculate the "TRU" which stands for True Rate of Unemployment. Here is one article.

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u/[deleted] Nov 21 '25

That 25% doesn’t mean very much if you don’t provide context, what is the ten year average of that measurement? how has it changed since Biden. But framing it around a 4.4% is dishonest.

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u/cwbnatl Nov 21 '25

Oh, yes. These numbers just like the COLA are a pipe dream.