Tag: Discouraged worker

True Unemployment Rate Hits 23% ~ Highest Since Great Depression: Not The Obama Lie Of 7.6%

John Williams’ ShadowStats charts the real unemployment rate by employing the methods the U.S. government used to use, before they became a political liability. 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…

Ron Paul: The Real Unemployment Rate Is Over 20%!

The seasonally-adjusted SGS 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.

Obama’s Unemployment Is 8.6% Which Includes Only 1 Hour Per Week Employment ~ Real Unemployment Is 15.6% When It Includes Those Who Got Discouraged And Stopped Looking. Long Term Discouraged Workers Is NOW At 22%.

Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting. 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…

Obama Destroys Middle Class: 9.1% Currently Receiving Unemployment Insurance ~ While +22% Currently Have No Unemployment Insurance ~So You’re Given Food Stamps! Productivity Falls, Government Debt Goes Up ~ Perfect Socialism!

June 1, 2011 – The number of people depending on the government is increasing at a dramatic rate.  More than 44.5 million Americans, nearly 21 million households, are now receiving food stamps.  This is an increase of 11% from one year ago and a 61% increase from just four years ago. Here is just another example of a…

Real Unemployment Rate (U6) For Bush, Was Approx. 8.5% In 2006 When Democrats Took Over Both Houses. Currently The U6 is Approx. 17%

The unemployment rate that is released by the BLS (Bureau of Labor Statistics), propped by media and socialist politicians is the narrowly focused 30 Day ~ U3 rate, which stands at 9.8 percent for December 2010. The U3 rate is the best sounding scenario when it comes to reporting unemployment to America because it doesn’t…