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Share this article Share this article WASHINGTON, Jan. 27, 2021 /PRNewswire/ -- More than one-fourth of American workers remain without a job that lifts them above the poverty level, presenting a major challenge for the new Congress and the Biden Administration, according to the latest analysis of the country's unemployment rate released today by the Ludwig Institute for Shared Economic Prosperity (LISEP). At the same time, racial and gender gaps have widened, exacerbating economic inequity. "For any economic recovery to be sustainable, the rising tide must lift all boats," said Gene Ludw...

POLITICO Unemployment Is Much Worse Than You Think — Here’s Why. The problem for many Americans isn’t getting a job, it’s getting enough hours at decent wages. Our topline numbers obscure that reality. A closed sign hangs in the window of a barber shop in Burbank, Calif. | Marcio Jose Sanchez/AP Photo Link Copied We all know that millions of Americans are out of work. But how many, and where? For decades, we’ve been relying on the unemployment rate compiled each month by the Bureau of Labor Statistics to answer that question. Over the years, the rate of unemployment has become not...

Share this article Share this article WASHINGTON, Dec. 16, 2020 /PRNewswire/ -- More than a quarter of Americans desiring full-time work found themselves without a living-wage job in November, with women losing substantial ground in the workforce, according to a report released by the Ludwig Institute for Shared Economic Prosperity (LISEP). In its monthly analysis, LISEP released its True Rate of Unemployment (TRU), a measure of the percentage of American workers who are "functionally unemployed" – defined as anyone desiring full-time work who is unemployed, or unable to secure employment...