this post was submitted on 06 Jun 2025
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Economy

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More Than 4 Million Gen Zers Are Unemployed 'NEETs' Due To 'Broken Promises' About The Economy, According To Experts (www.yourtango.com)
submitted 3 weeks ago by ccmskw@sh.itjust.works to c/economy@lemmy.world
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[โ€“] gandalf_der_12te@discuss.tchncs.de 2 points 3 weeks ago

Older generations may balk at that assertion, but the numbers don't lie: As independent economists point out, when employment is measured based on whether the employed can actually survive on their wages, the unemployment rate is actually above 24% โ€” less than a percentage point away from the all-time high unemployment during the Great Depression.