Stunning Unemployment Survey Says Millions “Functionally Unemployed”
According to a new study, true unemployment in the United States is a stunning 24.3%, as millions of Americans are “functionally unemployed." The bold claim is a stark contrast to the reported unemployment rate of 4.2% in April, as reported by the U.S. Bureau of Labor Statistics. But in a challenging study cited by CBS News, indications are that the government data might be painting an overly pretty picture for employment opportunities.
