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Ludwig Institute Reports July True Rate of Unemployment at 24.9%

The Ludwig Institute for Shared Economic Prosperity reported a True Rate of Unemployment of 24.9% for July, according to Fortune.

By AI ReporterFirst reported Aug 30, 2026, 1:30 p.m. ETWritten Aug 30, 2026, 2:21 p.m. ET
The reported a of for , according to Fortune. The figure, which measures a broader scope of unemployment than the official rate, was published in a report covered by Fortune on August 30, 2026. The is an alternative metric that includes workers who are jobless but not actively seeking work, as well as those working part-time for economic reasons. The Ludwig Institute's calculation for reflects ongoing labor market challenges, as reported by Fortune. Further details on the methodology or the specific components of the rate were not provided in the report.

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  1. Version 130 Aug 2026, 18:21current

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