This DOESN'T take into account the people who have stopped looking for jobs altogether. Also, according to the Washington Post, although unemployment rates have fallen, there was no significant increases in wages. A report from Value Walk dated October 7, 2014 indicated that although unemployment is 5.9%. incomes have stagnated. It also reported that the number of people that have given up in finding jobs altogether does not count as unemployed.
they are presenting the numbers as favorable to them as possible ,however since every previous administration has done the same the end result is that even if they are not the true numbers they are a true state of the economy because you are comparing apples to apples.
In the UK we certainly do count some of those on public assistance as employed but then we also count those who've been sanctioned for such grave errors as turning up five minutes late for an appointment as employed as well even though without any income whatsoever they have little or no chance of actually finding employment even if there was any to be had.
Real unemployment is MUCH HIGHER than the 5.9% that is indicated. This is just a midterm ploy to ease the minds of the American masses about the Obama administration. The unemployment situation is ACTUALLY WORSE than what it is perceived to be.
What I like about Obama.1) I like the fact that he's been on TV everyday, sometime two three times.2) I like the fact that he speaks about the Health Plan, but does have one of his own, and apparently hasn't read any...