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Old 07-20-2013, 10:47 PM
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Default What is the real unemployment rate?

From Investors Business Daily:

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Hardly a day goes by that we don't see some release or comment from a pundit, politician or financial analyst telling us how "solid" the job market is. Well, it's not. And don't take our word for it.

Former Bureau of Labor Statistics chief Keith Hall recently was asked about the unemployment rate, which shows 7.6% of all Americans without jobs. His answer was shocking.

"Right now (the standard unemployment rate) is misleadingly low," Hall, now with the Mercatus Center at George Mason University, told New York Post financial reporter John Crudele.

While it barely got mentioned by the mainstream media mob, Hall says the plunging employment-to-population ratio leads him to believe the real rate of unemployment is much higher than 7.6% perhaps 10.6%. ...

The BLS itself puts out several "alternative" measures of unemployment. One of them, the so-called U6 gauge, adds to ordinary unemployment those who are discouraged, part-time workers who want full-time jobs and those who are "marginally-attached" to the workforce.
Here is the link: Jobs Crisis Far Worse Than Official Data Show, Former OfficialSays - Investors.com
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Old 07-20-2013, 11:03 PM
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Default Re: What is the real unemployment rate?

Unemployment without the government games is sitting at 18-20%. It always has been and always will be. We add 2500 jobs and then kick 2500 off the welfare payrolls for the numbers to look like 2500 went back to work. Yet the unemployment number remains at 7.8%.

If you believe this economy is in recovery you're a retard.
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Old 07-20-2013, 11:45 PM
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Default Re: What is the real unemployment rate?

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Originally Posted by AzMike View Post
Unemployment without the government games is sitting at 18-20%. It always has been and always will be. We add 2500 jobs and then kick 2500 off the welfare payrolls for the numbers to look like 2500 went back to work. Yet the unemployment number remains at 7.8%.

If you believe this economy is in recovery you're a retard.
You're a stoopid Teapublican redneck....Fox News...Palin...Bush...Coulter is a man...

Sorry. Was doing an impersonation. How'd I do?
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Old 07-21-2013, 12:31 AM
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Default Re: What is the real unemployment rate?

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Originally Posted by Hairy Jello View Post
You're a stoopid Teapublican redneck....Fox News...Palin...Bush...Coulter is a man...

Sorry. Was doing an impersonation. How'd I do?
Pretty good! Let me guess city woos or mickey.
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Old 07-21-2013, 05:50 AM
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Default Re: What is the real unemployment rate?

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Originally Posted by pjohns View Post
There are a lot of people I know in their 50's who have lost jobs and quit looking. They are not on SS yet and like me are living on their investments hoping that nothing catastrophic happens to wipe them out. These type of people aren't even counted anymore, so it is not surprising that unemployment is higher than obama and his administration is telling us.
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