See other Business/Finance Articles
Title: The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job - See more at: http://investmentwatchblog.com/the-real-unemployment-number-102-million-working-age-americans-do-not-have-a-job/#sthash.04sqCFjC.dpuf
Source:
[None]
URL Source: http://investmentwatchblog.com/the- ... e-americans-do-not-have-a-job/
Published: Jun 6, 2017
Author: jj
Post Date: 2017-06-06 08:56:16 by HAPPY2BME-4UM
Keywords: None
Views: 419
Comments: 3
by IWB · Published June 5, 2017
The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job
Did you know that the number of working age Americans that do not have a job right now is far higher than it was during the worst moments of the last recession? For example, in January 2009 92.6 million working age Americans did not have a job, but we just found out that in May the number of working age Americans without a job increased to just a shade under 102 million.
According to the bureaucrats in the federal government, the “unemployment rate” in May was the lowest that we have seen in 16 years. At just “4.3 percent”, we are essentially at “full employment”, and so according to them anyone that really wants a job should be able to find one pretty easily.
Of course that is a load of nonsense. John Williams of shadowstats.com tracks what our economic numbers would look like if honest numbers were being used, and according to his calculations the (real) unemployment rate is currently 22 percent.
http://investmentwatchblog.com/the-real-unemployment-number-102-million-working-age-americans-do-not-have-a-job/#sthash.04sqCFjC.dpuf
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: All (#0)
Alternate Unemployment Charts U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY
The unemployment figures of 22% and 102-million should be much high when you consider the useless bureaucrats in government, equality useless military which Congress maintains to provide security for the criminal Israeli state and redundancy in retail. What's needed is an alternative to current democratic capital-socialist system like the meritocracy I've been proposing.
================================================ Agree U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Public Commentary on Unemployment
http://www.shadowstats.com/article/c810x.pdf
Unemployment Data Series subcription required(Subscription required.) View Download Excel CSV File Last Updated: June 2nd, 2017
The ShadowStats Alternate Unemployment Rate for May 2017 is 22.0%.
http://www.shadowstats.com/alternate_data/unemployment-charts
#2. To: HAPPY2BME-4UM (#1)
#3. To: Tatarewicz (#2)
The unemployment figures of 22% and 102-million should be much high when you consider the useless bureaucrats in government, equality useless military which Congress maintains to provide security for the criminal Israeli state and redundancy in retail.
Top • Page Up • Full Thread • Page Down • Bottom/Latest