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The official jobless rate has been falling. But the number of 'functionally unemployed' is climbing - Fortune

Published by Fortune By Jason Ma · 30 August 2026 at 20:30
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The official jobless rate has been falling. But the number of 'functionally unemployed' is climbing - Fortune
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What the report says

"If this continues, it would suggest the labor market is losing strength despite what we may see in the headline unemployment numbers."

Read the full report at Fortune →

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