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What do you think the REAL unemployment rate is?!?!?!

Drue-AFCL 2012/06/10 02:35:56
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  • Chokmah 2012/06/10 04:02:42 (edited)
    something else and what?
    Chokmah
    +7
    16%... the U6 unemployment rate is even higher... about 22%

    Check out this:

    sgs unemployment

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  • stacey 2012/06/10 04:45:32
    something else and what?
    stacey
    +2
    This is just a WAG and now I'm going have to research it because it's really high compared to the options. I think between 18% and 22%
  • relic 2012/06/10 04:29:22
    something else and what?
    relic
    +5
    Closer to 23%
  • lm1b2 2012/06/10 04:21:52
    something else and what?
    lm1b2
    +4
    Unknown,they don't count the people that don't qualify,or the ones who run out of benefits,its always a lot higher then they say it is!I do know i have two children who have been out of work for a long time!
  • mac9 2012/06/10 04:14:35
    11.6
    mac9
    +2
    Maybe even higher. The liars in power never tell the truth.
  • EdVenture mac9 2012/06/10 05:19:17
    EdVenture
    +1
    Its a standard index put in place many years ago utilized by everyone. It was originally designed and approved with much contention by members of congress and the senate because they thought it was too revealing. It should be updated and expanded upon. I don't subscribe to it.
  • Willy 2012/06/10 04:07:03
    something else and what?
    Willy
    +3
    The real unemployment rate is over 16% and inflation is running more than 10%.
  • Chokmah 2012/06/10 04:02:42 (edited)
    something else and what?
    Chokmah
    +7
    16%... the U6 unemployment rate is even higher... about 22%

    Check out this:

    sgs unemployment
  • DrDelos Chokmah 2012/06/10 12:37:12
    DrDelos
    +1
    Excellent find. That's the most accurate unemployment chart I have seen.

    For the doubters: keep in mind that the lower two lines are directly from, official BLS numbers.
  • Jdogg 2012/06/10 03:44:07
    something else and what?
    Jdogg
    +4
    It wouldn't surprise if it's over 25%
  • Obama Failed Soda Head Chie... 2012/06/10 03:19:18
    something else and what?
    Obama Failed Soda Head Chief Opi
    +2
    The recent sudden drops in both initial unemployment insurance claims and unemployment rates have generated a slew of positive news stories and lifted White House spirits. Fox News contributor and former Clinton pollster Doug Schoen even writes about the “high-fiving in the White House.”

    But other numbers show a much weaker job market and economy; the average unemployment duration remains near its all-time high, hiring is stuck near record lows, and there are almost 3 million workers in part-time rather than full-time jobs. Further, GDP grew just 1.7% last year and few new companies are being started.
    So which scenario is right?

    First, let us set one thing straight. The apparent contradiction between a falling unemployment rate and other indicators isn’t because the Obama administration “manipulates numbers to get [the] unemployment headline under 9%” as Rush Limbaugh claims. The current "recovery" is so unusual that the normal rules for relating the unemployment rate to other labor market indicators don’t hold; indeed those rules can be quite misleading.


    Read more: http://www.foxnews.com/opinio...
  • abubincrazy 2012/06/10 03:14:44
    something else and what?
    abubincrazy
    +4
    It's closer to 20%.
    The Obamanistas are crooks.
    Their numbers for EVERYTHING are fraudulent.
  • Old Poet abubinc... 2012/06/10 12:23:02
    Old Poet
    +2
    The only good unemployment hopefully will be 100% for the occupants and staff of the White House!
  • abubinc... Old Poet 2012/06/11 20:57:46
    abubincrazy
    AMEN, Brother!
  • Magnus ☮ RP ☮ 2012 ☮ 2012/06/10 03:10:33 (edited)
    something else and what?
    Magnus ☮ RP ☮ 2012 ☮
    +3
    A lot higher. It has got to at least be on the higher end of 30% (I'll even go so far as to the say the low-end 40%) when you factor in all of the uncounted unemployed (overwhelmingly the youth, who've never had the opportunity for gainful employment, or else long enough to qualify for unemployment benefits) along with those collecting benefits (the one people this statistic does count), and also those whose benefits have run out and have had to stop looking/or gave up looking for employment. Again, it is a hell of a lot higher.
  • Joe Shwingding BN-ZERO 2012/06/10 03:00:30
    something else and what?
    Joe Shwingding BN-ZERO
    +2
    Check the U-6 number if you want something closer to the truth
  • bman~AVA~BTTB 2012/06/10 02:59:04
    something else and what?
    bman~AVA~BTTB
    +4
    I'm thinking in the 16+ %range here.
  • KingdomNow 2012/06/10 02:49:11
    something else and what?
    KingdomNow
    +2
    Higher but regional. Hawaii has always had low unemployment but many people hold down multiple jobs and there is a vast underground economy in which I have occasionally participated as a construction worker for cash.
  • VERYwiseguy 2012/06/10 02:47:34
    something else and what?
    VERYwiseguy
    +6
    Not even opening the link,my guess is because so many are off unemployment benefits they're not counted as being unemployed.I'd say 20%?
  • Rusty Shackleford 2012/06/10 02:43:02
    something else and what?
    Rusty Shackleford
    +4
    14 or 15% would be my guess.
  • Kat ♪.BTO-t-BCRA-F~PWCM~ 2012/06/10 02:42:23
    something else and what?
    Kat ♪.BTO-t-BCRA-F~PWCM~
  • TruBluTopaz 2012/06/10 02:41:28
    something else and what?
    TruBluTopaz
    +6
    the official numbers are 8.2, but that exclude those who are discouraged and no longer getting unemployment benefits and those who were small business owners, contract workers or sales reps who don't get unemployment benefits.I found this stat that seems more realistic.
    "The unemployment rate has fallen a full percentage point since August to a three-year low. But last month's decline was not due to job growth. The government only counts people as unemployed if they are actively looking for work.


    "In April, the percentage of adults working or looking for work fell to the lowest level in more than 30 years."

    So if you add back all the people who have stopped looking for work you get a "real" unemployment rate of almost 15 percent.



    Read more: http://www.nypost.com/p/blogs...
  • abubinc... TruBluT... 2012/06/11 20:59:49
    abubincrazy
    +1
    I'll bet it's higher.
  • TruBluT... abubinc... 2012/06/12 14:57:18
    TruBluTopaz
    +1
    I hope not, but it wouldn't surprise me.
  • loudelk99 2012/06/10 02:40:44
    something else and what?
    loudelk99
    +6
    At least 15%.
  • Rebel [SHP] 2012/06/10 02:40:07 (edited)
    something else and what?
    Rebel [SHP]
    +3
    Higher. The Labor Department does not include those not seeking employment or living off the governments back. It also doesn't account for illegal aliens.
  • DS in Oak Ridge NC 2012/06/10 02:39:39 (edited)
    something else and what?
    DS in Oak Ridge NC
    +6
    Closer to 15% when you count underemployed + those who've given up hope of finding work.
  • Jeff Smith 2012/06/10 02:38:03
    something else and what?
    Jeff Smith
  • Drue-AFCL 2012/06/10 02:37:39
    11.6
    Drue-AFCL
    +5
    at least!!!! Obamas figure of 8.2 is just more of that FUZZY MATH thing!!!!!!!
  • Annie~Pro American~Pro Israel 2012/06/10 02:37:14
    11.6
    Annie~Pro American~Pro Israel
    +6
    Probably closer to at least 14%.
  • Your Favorite Nerd 2012/06/10 02:36:29
    11.6
    Your Favorite Nerd

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