The True Unemployment Rate for Blacks is Not 6% (gov number), It's 27% [the percentage of the labor force 1) who don’t have a full-time job but want one or 2) who have no job or 3) don't earn $26k yr]
/
Government Purposefully Undercounts Unemployment Rate. From [LUDWIG INSTITUTE] Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks (in 2025 dollars) annually before taxes.
Just as an accurate census is a prerequisite to funding American communities equitably, policymakers depend on economic indicators to shape economic policy. LISEP developed the True Rate of Unemployment to provide analysts and decision-makers with a more accurate measure of Americans’ financial well-being.
GOVERNMENT GRAPH ABOVE AND LUDWIG GRAPH ON TOP
According to FUNKTIONARY:
McJob – a “low-pay,” low-prestige, low-benefit, no-future job in the feudal looks-like-it-could-be food chain service (servitude) sector of the New God Economy. (See: Economies, Cainsian Economics & Quantity Theory of Money)
