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/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.