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 sick or old or infirm. It’s because they can’t find a job, and so they’ve stopped trying. That’s where Luce’s calculation comes from. If 62.7 percent of the country was still counted as in the workforce, unemployment would be 11 percent. In that sense, the real unemployment rate — the apples-to-apples unemployment rate — is probably 11 percent. And the real un- and underemployed rate — the so-called “U6” — is near 20 percent.
I notice this number was not mentioned last night during the 60 minute interview with Mr. Obama
SHILLS AND LIGHTWEIGHTS?
- '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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Newsmax: Unemployment Tricks: Jobs Claim Made by 'Shrinking' Workforce Monday, 06 Feb 2012 10:11 PM By Andrew Henry Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has...
- 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...
- Muslim Populations In European Cities
A disaster waiting to happen: Marseilles - 25 percent (200,000 of 800,000) Malmo - ~25 percent (67,000 of 270,000) Amsterdam - 24 percent (180,000 of 750,000) Stockholm - 20 percent (>155,000 of 771,038) Brussels - ~20 percent (some say 33 percent)...