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Economy
See other Economy Articles

Title: CHART SHOCK: The REAL Unemployment Rate Is 22%
Source: The Daily Bail
URL Source: http://dailybail.com/home/chart-sho ... l-unemployment-rate-is-22.html
Published: Sep 2, 2011
Author: DailyBail
Post Date: 2011-09-02 21:43:48 by Hondo68
Ping List: *The Two Parties ARE the Same*     Subscribe to *The Two Parties ARE the Same*
Keywords: now above 23% August update, long-term discouraged workers, short-term discouraged workers
Views: 4124
Comments: 6

It's now above 23% with the August update.  Details from John William's Shadow Stats.

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.


Poster Comment:

All of the unemployed, including those totally disgusted. If all 1/4 of the population would vote for Ron Paul, or switch to third party, they might have some hope & change. (1 image)

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Begin Trace Mode for Comment # 3.

#3. To: hondo68 (#0)

Its exactly what I've been saying it is for months now.

Whats bizzare is how some simply refuse to admit this administration's economic policies have in fact made things WORSE.

Badeye  posted on  2011-09-03   8:05:51 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: Badeye, hondo68 (#3)

Whats bizzare is how some simply refuse to admit this administration's economic policies have in fact made things WORSE.

That's because they are as CRAZY as shithouse rats.

(Not to put too fine of a point on it.)

Mad Dog  posted on  2011-09-03 15:55:36 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 3.

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