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importantSYS.SOURCE: LISEP Ludwig Institute for Shared Economic Prosperity2026-09-02T02:21:10Z

LISEP's True Rate of Unemployment Measure

LISEP's True Rate of Unemployment (TRU) measures underemployment by including those without full-time work, not earning a living wage, or actively seeking employment. The TRU reached 24.9% in July 2026, significantly higher than the official 4.1% unemployment rate.

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