Part 2/11:
The conversation kicks off with a critical assessment of the unemployment statistics that fail to encapsulate the true state of labor in the country. For instance, when considering people in part-time jobs or those earning poverty wages—approximately $25,000 annually—the unemployment rate reportedly jumps to a staggering 23.7%. When compared to the Great Depression levels of 25%, this highlights a severe economic crisis that is often overlooked in mainstream discussions.