I commonly see that discussions of “unemployment rate” don’t account for the ways a person can be excluded from the labor market [1]. To achieve middle-class with a family detached home mortgage, annual vacation, etc., dual-earner is nearly mandatory. Those that “give up” and live in their parent’s basement playing video games are not counted as unemployed.
It's upsetting that it's commonly pushed that something as complex as "the economy" could ever be summerized or understood through a single, uncontextualized number. E.g. GDP, jobs reports, SP500 or unemployment rate.
Even just breaking down unemployment rate by race starts illuminated a better understanding of our current conditions. Labor participation sees at least some discussion in the main stream but trying to distill everything into a 5 second headline is hurdling us to doom.
[1] https://www.bls.gov/cps/cps_htgm.htm#nilf