Functional unemployment combines people who are underemployed and people who do not make enough money to be functional adults. People in this category who are getting by are either working homeless (we have half a million full-time working homeless) or they are receiving support from friends and family to keep a roof over their heads.
It's become so obvious that the books are cooked I don't think anyone can ignore it anymore and I have seen economists come up with all sorts of fun euphemisms to describe the actual situation.
None of this is sustainable. Here is where all the libertarian twats worried about toaster licenses show up to tell us why it's a good thing that Civilization is collapsing because nobody's going to tell them what to do right?
The average american, about 60%, read as a 6th grade level or the level of a 12-year-old. When you are 12 you get this burning desire to not be told what to do. Some people grow out of it and some people become libertarians or Republicans or some combination thereof.
Like the old joke, There are two novels that can change a bookish kid's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs