This is an image of the percentage of the labor force that is working every month. I made one change to it though, I added in all the people who are looking for/want work into the labor force, where the government doesn't count them.
We haven't even shown a bottom yet, still going down.
I agree that just looking at unemployment can be misleading. I saw one figure that said including the looking for work people would bump it up to 15%.
Yeah, it's at 15% as of July, up 0.5% since April.
The difference between the official unemployment figure and the real figure, before 2009, was almost always around 3%.
Ever since then, it's been around 7%.
So basically, that 4% of Americans will never be counted unless we change the statistic that we report.
by mio cid23 months ago
Income inequality has been growing for decades . Do you consider it a problem ? If so , how would you fix it ?
by karl2 years ago
It seem that the EU is adamant that it will appoint Jean-Claude Juncker as president. He is a federalist who is likely not to encourage any reform but to demand closer ties and centralisation of power. David Cameron is...
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Specifically, you have run out of benefits and you still can not find a job?
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The gist of the new Congressional Budget Office, (CBO), report on the effects of Obamacare on the U.S. economy is that it will cause a reduction in works hours equivalent to about 2 million jobs by 2017.Here is just one...
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http://hotair.com/archives/2011/03/22/f … w-capital/Yeah sure the unions are for working Americans! No! They are the new radicals the subversives that wish to destroy this nation rather than give up on their grip...
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