Green Energy
No Depression
New CBO Report Decimates 'Obamanomics': Real Unemployment Hits 15%
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014. The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent. Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”
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Washington Times: Unemployment rates rose in 44 U.S. states in July WASHINGTON (AP) — Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.The...
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'real' Unemployment Rate Shows Far More Jobless
From CNBC: The government's most widely publicizedunemployment rate measures only those who are out of a job and currently looking for work. It does not count discouraged potential employees who have quit looking, nor those who are underemployed...
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U6=20
From no LESS than WaPo:Since 2007, the percent of the population that either has a job or is actively looking for one has fallen from 62.7 percent to 58.5 percent. That’s millions of workers leaving the workforce, and it’s not because they’ve become...
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I Can't Stand It Anymore
having more & more of Epa's Howard Beale moments lately. . . PLEASE TELL ME HOW THE FUCK THEY CAN SPIN IT AS AN IMPROVEMENT IN THE JOBLESS RATE WHEN A PARAGRAPH EARLIER THEY SAID IT WAS BECAUSE PEOPLE GAVE UP LOOKING FOR WORK! newsmax: Unemployment...
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Unemployment rate down because people quit looking for work. Stupid fucking numbers games The unemployment rate dropped to 9.5 percent for the month of June even as the U.S. government dropped 225,000 Census jobs, the Labor Department reported Friday...
Green Energy