Earlier quoted context omitted.
I'm not sure the exact trajectory but it's going pretty quickly now. "Ray Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling and unproductive" https://fortune.com/2025/10/27/ray-dalio-america-dependeny-t ... "Millions of Americans Are Becoming Economically Invisible " https://news.ycombinator.com/item?id=45374779
Ray Dalio says a lot of things, only about half are correct. Where is the data? Employers are quick to fire unproductive workers and yet the unemployment rate remains low.
The U-6 rate is nearly twice the rate of the official figures.