Comment by wxw

> the True Rate of Unemployment tracks the percentage of the U.S. labor force that does not have a full-time job (35+ hours a week) but wants one, has no job, or does not earn a living wage, conservatively pegged at $26,000 (in 2025 dollars) annually before taxes

Seems like reasonable criteria. "Regular" unemployment is

# unemployed/# employed

where unemployed is they do not have a job, have actively looked for work in the prior four weeks, and are currently available to work. But not much criteria in terms of what work people are finding.