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New Measure Reveals True U.S. Unemployment Rate and Living Wage

4/29/2025

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Summary

Story summary

The True Rate of Unemployment assesses U.S. workers lacking full-time jobs or living wages.
It defines a living wage as $25,000 annually before taxes, based on Bureau of Labor Statistics data.
This metric supports policymakers in developing effective economic policies and funding strategies.
LISEP developed this measure to improve insights into the financial well-being of Americans.

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Story summary

The True Rate of Unemployment assesses U.S. workers lacking full-time jobs or living wages.
It defines a living wage as $25,000 annually before taxes, based on Bureau of Labor Statistics data.
This metric supports policymakers in developing effective economic policies and funding strategies.
LISEP developed this measure to improve insights into the financial well-being of Americans.