Pretty sure that is the U3 rate which only counts people as unemployed if they are actively looking for a job. The U6 is better and rarely falls below 5%:
Pretty sure that is the U3 rate which only counts people as unemployed if they are actively looking for a job. The U6 is better and rarely falls below 5%:
[1]: https://www.npr.org/2025/12/31/nx-s1-5660752/why-americans-d...
And if they don't want to work, why would that impinge upon full employment, because what is the plan? Force people to work who are retired, or don't want to? Work or go to jail? "Full employment" is always presumed to be "people wanting to work can find it".
If the best data you have is conjoined, then you must either figure it out, or ignore it.
Do you know what percentage, exactly, are retired vs "giving uo"?
No?
Then when someone says full employment, they're right unless you have specific and precise data to counter that.
We could also discuss people too sick to work. Or on maternity leave. Or wealth vs desire to work. Or 100 other factors.
That's odd. The burden of proof is not exclusively on one side.
Then yes, you have to start the dance. And work at it. And convince the entire planet to change.
And what percentage of those workers are Walmart or Amazon warehouse employees who don't have healthcare coverage and don't make enough money to actually cover their monthly bills without being on welfare/public assistance?
Because my linkedin extended network says there's an awful lot of highly skilled people unable to find jobs in their respective fields.