https://www.live-feeds.com/feed/the-official-jobless-rate-has-been-falling-but-the-number-of-functionally-unemployed-is-climbingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-official-jobless-rate-has-been-falling-but-the-number-of-functionally-unemployed-is-climbinghttps://www.live-feeds.com/feed/the-official-jobless-rate-has-been-falling-but-the-number-of-functionally-unemployed-is-climbing#u53344Tue, 01 Sep 2026 01:07:39 +0000The official US jobless rate has been declining, but the number of 'functionally unemployed' individuals is increasing. According to recent reports, nearly 25% of the US workforce faces unemployment or inadequate work. The functional unemployment rate was reported at 24.9% in July.Why it mattersThe divergence between the official jobless rate and the functional unemployment rate has significant implications for the US labor market and economy. The official jobless rate may not accurately reflect the challenges faced by workers in the economy. This disparity highlights the complexitie