Because the federal government likes to take credit for employment levels, in 1994 they decided to stop counting people who still cannot find gainful employment after 6 months or more of looking. Ya-see, they aren’t The Unemployed anymore, they are something else … like homeless or living in Mom’s basement … disappeared off the unemployment rolls.
John Williams publishes a website called Shadowstats where he unravels the tricky accounting and statistics the federal obfuscitators publish. This unemployment chart is one of his.
The ShadowStats Alternate Unemployment Rate for January 2015 is 23.2%… not even remotely like the 6% or so the talking puppets claim.
While the Liar-In-Chief likes to brag about their low unemployment numbers it is good to keep two things in mind when you read or hear them: 1) He’s lying. 2) they are much, much worse than his claims. You may think he is stupid or ignorant rather than lying. That’s your business. But the unemployment reality is readily available to you, and to him.
According to the oaf-fishal propaganda, 94 out of 100 people who want to be earning a living are indeed fully employed. Does that fit with your experience in your community?
Me neither. Looks like a duck, walks like a duck, quacks like a duck … Perhaps it is a duck.
Here is another way to look at employment and unemployment.
33% of Americans out of workforce,
highest rate since 1978
The number of Americans 16 and older not participating in the labor force hit 92,898,000 in February according to data released by the Bureau of Labor Statistics (BLS).
When President Obama took office in January 2009, there were 80,529,000 Americans not participating in the workforce. Which means 12,369,000 US citizens have left the workforce since then.
In February, the civilian non-institutional population – consisting of all citizens 16 or older who were not in the military or an institution – was 249,899,000. Of that number, 157,002,000 (62.8 percent of the population) participated in the labor force by either having a job or actively searching for one, according to BLS data.
If we add in the 2,266,832 prisoners, it gets even worse. That is not unfair, since most of them are political prisoners who ran afoul of federal laws that are of questionable legality themselves.
The numbers are clear. federal mucking about in the economy is not going well… assuming that staying out of the way and letting people earn livings and feed their families are good things.
Perhaps those aren’t safe assumptions. Maybe allowing us decent, independent lives is not what they think of as A Good Thing.
Hmmm… Looks like a duck, walks like a duck, quacks like a duck …