"5.6% Unemployment A GIANT LIE." Gallup CEO
Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job -- if you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed. That's right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
There's another reason why the official rate is misleading. Say you're an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 -- maybe someone pays you to mow their lawn -- you're not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.
gallup.com/opinion/chairman/181469/big-lie-unemployment.aspx
Comments
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Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts -
What you're saying is true now, and it was also true under previous Presidents. Unemployment has been undercounted in the United States for a while, and the plunge in employment predates Obama - although he certainly is responsible for the lack in upturn.
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Un-fucking-believable. Instead of addressing the problem in front of you, blame Bush? It never gets old, does it?HeretoBeatmyChest said:Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts -
The probrem isn't Obama, it's the system itself.d2d said:
Un-fucking-believable. Instead of addressing the problem in front of you, blame Bush? It never gets old, does it?HeretoBeatmyChest said:Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts
Of course, if people understan what unemployment numbers actually count, it's not really a huge problem.
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That graph sure took a dive after 08
But it's never Obama. -
The "FUCKING SYSTEM"? Obamacare killing full time employment. Now, Obama just issued 5.5 million work visas to illegals to kill everything else. But it's NOT Obama's fault? It's either George Bush or the Fucking System. OBAMA IS THE FUCKING SYSTEM!dnc said:
The probrem isn't Obama, it's the system itself.d2d said:
Un-fucking-believable. Instead of addressing the problem in front of you, blame Bush? It never gets old, does it?HeretoBeatmyChest said:Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts
Of course, if people understan what unemployment numbers actually count, it's not really a huge problem.
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dnc said:
The probrem isn't Obama, it's the system itself.d2d said:
Un-fucking-believable. Instead of addressing the problem in front of you, blame Bush? It never gets old, does it?HeretoBeatmyChest said:Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts
Of course, if people understan what unemployment numbers actually count, it's not really a huge problem.
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This is Kane Hall shit. Or whatever Creepercane said
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Please explain your understanding of how obamacare is killing full time employment. In your discussion, please keep in mind what fill time equivalent actually means.d2d said:
The "FUCKING SYSTEM"? Obamacare killing full time employment. Now, Obama just issued 5.5 million work visas to illegals to kill everything else. But it's NOT Obama's fault? It's either George Bush or the Fucking System. OBAMA IS THE FUCKING SYSTEM!dnc said:
The probrem isn't Obama, it's the system itself.d2d said:
Un-fucking-believable. Instead of addressing the problem in front of you, blame Bush? It never gets old, does it?HeretoBeatmyChest said:Since the 1980s the government has tweaked the way economic stats are reported. Its like grade inflation in school. Each administration has tweaked the reporting criteria a bit more than the last guy. Remember, the right wingers were bragging about how great the Bush economy was when it didn't jive with reality.
This link shows what unemployment would be if you calculated it the way it was done decades ago and included non-full time workers (i.e part time & those who dropped out of labor force).
http://www.shadowstats.com/alternate_data/unemployment-charts
Of course, if people understan what unemployment numbers actually count, it's not really a huge problem. -
Why, do you need a term paper written for you?
