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The True Rate of Unemployment (TRU), as defined by LISEP, measures the percentage of the U.S. labor force that is functionally unemployed.
Using data compiled by the federal government’s Bureau of Labor Statistics, the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $25,000 annually before taxes.
Full Methodology
10 yr back above 4.5%
Robo Taxi expansion June 12 in Austin. But the issue is everyone knows about it. Is this another sell the news?
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