Unemployment under 5%? Oh, OK. That would explain the 93 million Americans out of the workforce and 50 million plus on public assistance. These people really think we’re just rubes out here.
The economy should stay on ZIRP just like a heroin addict should stay on his thrice-daily needle.
Cover for the H-1b traitors in Sleazicon Valley.
These people have so mangled and so twisted the definition of “unemployed” that the word has lost all meaning.
They might as well say the unemployment rate is zero, or negative ten, or the square root of pi.
Sometimes AKA Winston Smith
Who believes anything the Fed says? Its all propaganda.
What part of 93 million unemployed does this guy not understand? 5% unemployment is Common Core math. Let me get out my trusty HP calculator here and divide 93 mil into 330 mil. I’m getting 33.9% of the population out of work.
The reason we don’t have inflation after 5 years of massive printing is because we are in a deflationary depression. By now we should by all rights have hyper inflation.
This guy’s in Fantasyland.
Why doesn’t someone do a poll and determine what the real unemployment rate is? How is it that they can do a political poll and predict with accuracy the outcome of an election, but can’t use the same processes to determine the real rate of unemployment?
Just pick a number of representative households and poll the to see who is employed, underemployed or no longer looking for employment. Why won’t this work?
This would take the lying government bureaucrats out ot the picture.
The natural jobless rate under Obamacare is far higher than with individual freedom. We didn’t have to lose so many jobs - that was a choice made by democrats.
If you consider collecting welfare, disability, or living in mom’s basement as jobs then yes, many people become instantly employed.