Functional Unemployment Decreases, But Wages Stagnate in Q1 2026

The Ludwig Institute for Shared Economic Prosperity reported a decline in functional unemployment in March 2026, but median weekly wages fell year-over-year. The True Rate of Unemployment (TRU) dropped to 23.6%, while the True Weekly Earnings (TWE) decreased by 0.9% to $1,018, adjusted for inflation.

By Ludwig Institute for Shared Economic Prosperity · PR Newswire · April 16, 2026, 16:45 UTC

Topics: economic data inflation labor force participation unemployment wages

Read the full article at PR Newswire

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