It’s only worse, if you don’t have a government job.
The key points are that the way unemployment is calculated makes it look far better then it actually is.
This is the key term and I am glad he highlighted it.
[[[Then will come the second-take stories that will notice the shrinking labor force, which dropped by nearly 700,000 from November. Had it stayed stable from last month, the jobless rate would have been 10.4 percent. Had it stayed stable since August, the jobless rate would be 11 percent! ]]]
Also if unemployment was measured as in the 1930’s this would be the figure everyone would be talking about.
[[[he U-6 rate rate which combines the basic jobless rate, discouraged workers, part-timers-who-would-rather-be-full-timers climbed to 17.3 percent.]]]
The rate at the height of the great Depression was 25%…
From the Obamacrat playbook:
1. Identify a crisis.
2. Propose responses that will make the crisis worse.
3. When the response makes the crisis worse, propose more of it.
It’s only worse, if you don’t have a government job.
The key points are that the way unemployment is calculated makes it look far better then it actually is.
This is the key term and I am glad he highlighted it.
[[[Then will come the second-take stories that will notice the shrinking labor force, which dropped by nearly 700,000 from November. Had it stayed stable from last month, the jobless rate would have been 10.4 percent. Had it stayed stable since August, the jobless rate would be 11 percent! ]]]
Also if unemployment was measured as in the 1930’s this would be the figure everyone would be talking about.
[[[he U-6 rate rate which combines the basic jobless rate, discouraged workers, part-timers-who-would-rather-be-full-timers climbed to 17.3 percent.]]]
The rate at the height of the great Depression was 25%…
From the Obamacrat playbook: