Thursday, September 08, 2011

the real unemployment rate is ~22%

Shadowstats | The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.

3 comments:

nanakwame said...

Well war isn't going hide it any longer, prison isn't going to hide it any longer, and they are now returning to the status of unemployable into the variables. It took almost 30 years for the bullshit to reach stink level with the last 10 years of zero job growth, and they want to blame our first POTUS.  Let us remember they place 5% unemployment as full employment and took the military count out, at the end of the 1970's  and gave it to the number cruncher for The Big Lie.

nanakwame said...

Provided by the Business Insider's Gus Lubin: Yahoo


The American Dream of upward social mobility has
stalled for some people, according to a big new study from Pew.


The study checked in on a bunch of middle class
teenagers from 1979 to see how they were doing 25 years later. Notably this
survey was performed before the Great Recession, so most of these numbers would
be worse today.


Pew found that 28% of the sample group had fallen
out of the middle class. This number was significantly higher for certain
demographic groups including divorced women and black men.



Divorced women are 35.8% more likely to have
fallen out of the middle class.


Divorced men are 13% more likely to have fallen
out of the middle class.


Unmarried women are 17.6% more likely to have
fallen out of the middle class.


Unmarried men are 10% more likely to have fallen
out of the middle class.


Black men are 17% more likely to have fallen out
of the middle class (vs white men).


Black women are 5% more likely to have fallen out
of the middle class (vs white women)


Women without a college degree are 16.3% more
likely to have fallen out of the middle class.


Men without a college degree are 7.5% more likely
to have fallen out of the middle class.


Hispanic men are 8% more likely to have fallen
out of the middle class (vs white men).


Hispanic women are actually 2% less likely to
have fallen out of the middle class (vs white women).

CNu said...

Au contraire mon frere, serious war - hegemonic war with conscription and full mobilization - (not this distasteful, dubious, and discretionary petty resource theft) will not only hide the problem, it will solve the problem, quick, fast, and in a hurry!