CBO: Real UE% is 15%

[Soul Crusher]

New CBO Report Decimates 'Obamanomics': Real Unemployment Hits 15%


 
“The rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Moreover, the Congressional Budget Office (CBO) projects that the unemployment rate will remain above 8 percent until 2014.

The official unemployment rate excludes those individuals who would like to work but have not searched for a job in the past four weeks as well as those who are working part-time but would prefer full-time work; if those people were counted among the unemployed, the unemployment rate in January 2012 would have been about 15 percent.

Compounding the problem of high unemployment, the share of unemployed people looking for work for more than six months—referred to as the long-term unemployed—topped 40 percent in December 2009 for the first time since 1948, when such data began to be collected; it has remained above that level ever since.”



Read more: http://nation.foxnews.com/unemployment/2012/02/16/new-cbo-report-decimates-obamanomics-real-unemployment-hits-15#ixzz1maRhLCH5

[Fury]

Hahahaha. What do the Obama cocksuckers always say whenever the CBO paints a policy of his in a good light, "They're non-partisan and accurate"? I wonder what they have to say now.

[tonymctones]

Bump for Andre and black ass

[Soul Crusher]

CBO: Longest Period of High Unemployment Since Great Depression
US News ^ | February 16, 2012 | ex M. Parker



After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today.

And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014. The report also notes that, including those who haven't sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent.

[dario73]

15% is more acurate then the bs of 8.3%. I think it's over 20%.