Real U-3 Unemployment Rate: 11.6%

[Fury]

Real U-3 Unemployment Rate: 11.6%

Propaganda unemployment rate: 8.1%; Real unemployment rate: 11.6%. Reason for difference: organic growth of labor force which grows alongside the broader population. Don't be confused by cheap explanations on TV why the labor force should be declining (especially with ZIRP meaning pre-retirement workers have to stay in the labor force ever longer to supplant their meager fixed income): the widely accepted definition of the labor pool, that used by the CBO and all other government forecasting agencies, assumes a 90,000 growth in the labor force every month as it has to keep in line with the growth of the US population! The implication is simple: using a real labor force participation rate long-term average of 65.8%, the real unemployment rate in April was 11.6%, based on the 5.4 million additional workers that should be counted as part of the U-3 which then means that the real number of unemployed is not 12.5 million but 17.9 million, which in turn implies a 11.6% unemployment rate in the US. This also means that the spread between the propaganda, and the real number is now 3.5%: the most it has been since the early 1980s.



http://www.zerohedge.com/news/real-u-3-unemployment-rate-116


Forward, Julia!

[240 is Back]

sounds accurate and makes a lot of sense.

next Q - why won't romney shout this from the microphone today and every day until the election?

He doesn't understand it?  or he's in on it with obama?  Or he knows he'll used the fudged numbers are president too?

[Fury]

sounds accurate and makes a lot of sense.

next Q - why won't romney shout this from the microphone today and every day until the election?

He doesn't understand it?  or he's in on it with obama?  Or he knows he'll used the fudged numbers are president too?

Why do you always try to change the topic off of Obama?

[240 is Back]

Why do you always try to change the topic off of Obama?

it's obama vs romney.   This chart is a HUGE tool that romney could use to deflate obama and expose him as a fraud.

If its' credilble, and it looks to be to me - why in the world isn't romney talking about it?

[Fury]

it's obama vs romney.   This chart is a HUGE tool that romney could use to deflate obama and expose him as a fraud.

If its' credilble, and it looks to be to me - why in the world isn't romney talking about it?

This is about Obama's handling of the economy. I couldn't care less about Romney. And who's to say he won't? I didn't know it was November.

You REFUSE to talk about Obama. It's hilarious, to be honest. It's always about someone or something else with you.

[Soul Crusher]

Hey BF - FU!!!  Julia has her life long lifeline to the govt tit and Fluke has her life time of condoms and BC.

That is not good enough for you?   Shheeeesh - what an ingrate you are! 

[Fury]

Hey BF - FU!!!  Julia has her life long lifeline to the govt tit and Fluke has her life time of condoms and BC.

That is not good enough for you?   Shheeeesh - what an ingrate you are! 

Every little girl dreams of being on the govt. dole from birth to death. It's all these women aspire to.

War on women what? Haha.