LISEP said its broad U.S. labor-market measure improved for a second straight month in September: its True Rate of Unemployment fell 0.3 percentage points to 24.0%, though still above March's 23.6%. Its “functional unemployment” measure also counts involuntary part-time workers and those earning under $26,000 a year (in 2025 dollars), so it differs from the BLS's narrower September unemployment rate of 4.2%. The rate for Black workers on LISEP's measure rose to 30.1%, the highest since July 2021, while the BLS put conventional unemployment for Black workers at 7%, up from 6% in August. LISEP's inflation-adjusted True Weekly Earnings rose 0.6% from Q2 to Q3 to $1,041, while the BLS put median full-time weekly earnings at $1,232, up 1.5% year over year, with consumer prices up 3.5%. LISEP Chair Gene Ludwig said more than a quarter or two of improvement is needed.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: U . S . Joblessness Measure Falls , but Black Worker Rate Hits 30 . 1 %
Read the original on econotimes.com ↗
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/22/2026 | 101.62 |
| Change that session | -0.07% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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