🇺🇸 25% of Americans are “functionally unemployed," per Ludwig Institute for Shared Economic Prosperity.
And 20% of job seekers have been looking for work for 10 to 12 months or longer.
📝 Functionally unemployed, per Ludwig Institute, includes those without full-time jobs (35+ hrs/week) who want them, the jobless, or earning under $25k/year pre-tax. Their True Rate of Unemployment is 24.3% as of May 2025, vs official 4.2%.
🔗 unusual_whales
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.