Nearly a quarter of Americans are ‘functionally unemployed’ highlighting a major crack in the labor economy

fortune.com/2025/06/19/nearly-a-quarter-of-americans-are-functionally-unemployed-highlighting-a-major-crack-in-the-labor-economy

Good morning!
The current labor market appears strong on the surface, but there are big problems lurking underneath.
Unemployment is still low at 4.2%, wage growth is steady, and the U.S. added a relatively healthy 139,000 roles in May according to the recent jobs report from the Bureau…

This story appeared on fortune.com, 2025-06-19 11:58:21.
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