They are trying to present a new unemployment metric as more reasonable, but throughout the article only give 2 data points making it impossible to judge except from prior bias.
Yup. Some other ways to read the headline are "Nearly 25% are unemployed according to a measure that has never not measured that nearly 25% are unemployed" or "Nearly 25% are unemployed according to a measure that could have been at 2% or 98% until December 2025. We didn't check any farther back than that."