2009 unemployment numbers |
According to the federal government, there are 12.6 million working age Americans that are considered to be "officially" unemployed, but there are another 87.8 million working age Americans that are not working either. The federal government considers those Americans to be "not in the labor force" so they are not included in the unemployment rate. In fact, this is one of the key ways that the government manipulates the unemployment numbers.
The Obama administration would have us believe that the unemployment rate is going down and that since the start of the last recession about as many Americans have left the labor force as we saw during the entire decades of the 1980s and 1990s combined. The truth is that the percentage of working age Americans that are employed is just about the same right now as it was two years ago. More...
No comments:
Post a Comment