Government statistics are hiding the true unemployment rate.
While the Bureau Labor Statistics says the unemployment rate has been around 7.5 or 7.6 percent in recent months, it's really 14.3 percent.
Why the difference? The commonly cited unemployment number ignores people who want to work but are no longer actively seeking jobs and counts part-time workers as employed even if they'd prefer full-time jobs.
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1 comment:
WHEN have your leaders EVER told you the truth? Especially when it proves they are the saddest, dumbest, most incompetent and elitist group of delusional lying slugs that have ever been assembled in one government (at least in the supposedly "free world"). Remember when the entire press corp of the entire COUNTRY was up in hysterical arms over an unemployment rate that hit 4.3% for 3 months??? Now, obama has kept it at 7.6% (or MORE) for 5 straight years as he's bumbled and fumbled the economy (thats what NO EXPERIENCE of any kind gets you) and the press corp is 2 knee pads away from making him their ultimate hero.
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