CHART SHOCK: The REAL Unemployment Rate Is 22%

Mr. T

Mr. T

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It's now above 23% with the August update. Details from John William's Shadow Stats.

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.

See the chart HERE
 
Yep, the real rate is generaly double or higher the published rate.

In spite of this, though, Yogurt doesn't think there is a recession, since the Gov. said so.
 
According to....... Labor Department Says Real Unemployment Rate Rose To 16.2% In August. How many 99ers have dropped off?

(CNSNews.com) — The real unemployment rate actually rose in August, according to the Department of Labor, belying the fact that the official unemployment rate, 9.1 percent, remained flat while the economy did not create any new jobs on net last month.

According to the data from the Bureau of Labor Statistics, real unemployment rose to 16.2 percent in August, up from 16.1 percent in July and tying the 2011 record set in June.

The real unemployment rate is comprised of three different measures of the labor force that more accurately reflect who is really unemployed, as opposed to the official unemployment rate, which merely measures those who told the government they were unemployed and looking for work in the past month.
Click to expand...

I believe all of us can take a look around, if some are willing to take off their jackass blinders they can see how many of their neighbors or family members are without work or are working for less money.

I have to turn away applications everyday. I feel bad for these guys.
 
Looking at you sig.....you're right...

Millions of people in this country have what I would consider off the wall religious beliefs....and the age of the planet is only one...
I'm sure Obama, claiming to be a Christian, believes in some these biblical "miracles" if not all of them..... how come pinhead lefties don't ridicule him along with conservative Christians....hypocrites ?

. 1,000,000 Israelites walking for 40 years and never having there clothes or shoes wear out! Deut 8

. Elijah killing all the prophets of baal! 1 Kings 18:40

. Making water come from a rock! Exodus 17

. The Brazen Serpent! Numbers 21:9

. Jesus feeding 5000! Matthew 15:29

. Stopping the Sun for Joshua! Joshua 10:12

. The Flood! Genesis 7:6
 
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