Inflation is around 10% per year.
The Burrito Index: Consumer Prices Have Soared 160% Since 2001
Posted on 08/05/2016 11:44:06 AM PDT by BenLurkin
The U.S. unemployment rate remained at 4.9 percent in July, the Labor Department said Friday. But relying on that one number as an indicator of the job market is an oversimplification of the complicated world of employment.
Each month on jobs Friday, the Labor Department's Bureau of Labor Statistics puts out a slew of employment-related data, each of which tells its own story about the jobs situation. Most economists look past the official unemployment rate — also known as the "U-3" number — to other metrics that provide other views of the state of jobs.
One of those figures is the U-6 rate, which has a broader definition of the unemployed. That rate rose slightly in July — to 9.7 percent.
(Excerpt) Read more at cnbc.com ...
unemployment rate remained at 4.9 percent with 94 million out of work = Common Core math
Your pointing that out is racist. And homophobic. Leave the Imam in the White House alone!
It also causes globull warming.
...and a hate crime. You should be ashamed!
lol,
Blood of Tyrants also rightfully pointed out that it causes globull warming. I’m still looking for a connection to the starving children in India....
More like 20%-25%.
Shadow Stats and some other economic sources support the high realistic number you cite.
Remember, the US labor dept has changed the way they measure and define unemployment several times since the mid-80’s.
Both RINOs and demoncrats benefited from underestimating unemployment numbers, as NAFTA, and other “free” trade ship-jobs-offshore schemes were implemented in the early 1990’s, on.
Same thing with how they lie about the CPI inflation rate.
Our real inflation rate is about 7%.
RE: “More like 20%-25%.”
Meanwhile colleges have to teach incoming students third grade arithmetic ( sums and differences, etc) in special bonehead math prep courses.
Usual and customary government lying their ass off.
Ant this 9.7% is from the Party press!
Whats the real number?
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