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The Sham of our Current Unemployment Rate Numbers: Lessons from the Great Depression: Part X. Data Mining.

When you look at the current unemployment rate of 5 percent, you would think that our economy would be humming along. Yet the way that they calculate the official unemployment rate is such a joke, you are almost left guessing how many people are really out of work. Are you looking for work and simply can’t find a job and gave up? Consider yourself not counted in the numbers. Are you working part-time although you want full-time employment? Guess what? You are not counted either! It is patently absurd and frustrating to see what kind of gimmicks the government uses to massage the unemployment data.

Original Source: feeds.feedburner.com/DrHousingBubble-HowILearnedToLoveSocal


  30 May, 2008| housingblogs | @ 19:27

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