Claim: The Ludwig Institute for Shared Economic Prosperity considers individuals earning poverty-level wages or less than $26,000 annually, before taxes, as functionally unemployed.
Verdict: Correct (95% confidence)
Explanation: According to CBS News, the Ludwig Institute for Shared Economic Prosperity defines 'functionally unemployed' as individuals earning poverty-level wages or less than $26,000 annually before taxes. This is corroborated by multiple sources from the Ludwig Institute itself, such as lisep.org, which consistently describe the same income threshold for functional unemployment. The evidence from these sources directly supports the claim, confirming the definition and income threshold used by the Ludwig ...