Official: Total Unemployed at 16.2 Percent

Townhall.com ^ | November 6, 2011 | Mike Shedlock

[omega4179]

Barry has driven this country into a ditch with regulation and talking down achievement. This is entirely the Obama/Pelosi Depression. Only a complete change in leadership can pull the country out of a ditch.

[bgill]

Hey, now. The admin just told us the unemployment rates were decreasing and we’re recovering. They wouldn’t lie.

obligatory /s

[oldbrowser]

And those are just the “official” numbers.

[Texas Fossil]

[bmwcyle]

This is only one of the many hidden truths from our demon government.

[Nachum]

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[harpu]

And some wonder why OBozo doesn’t want ‘the truth, the whole truth, and nothing but the truth’ reported in the news!?!

[CowboyJay]

Excellent post as usual, Kas. Thanks for taking the extra time to post up the graphics. It’s the participation rate that tells the real story. The jobs picture in this country has been in continual decline since at least 2000. If our government reported metrics in any kind of honest way, it would show that our real economic output and wages have also been in decline for most of that same time period.

In absolute terms, this is not as bad as the Great Depression, but in terms of the amplitude and length of the downturn it may already be worse.

[OrangeHoof]

I’m now out of a job again - third time in the past year.

Haven’t asked for unemployment this time yet so I probably don’t show up in any of their numbers.

[LomanBill]

>>Extending the program will not do any good for those who have already used up 99 weeks.

 

 

 

Rule number 1: Cardio...

 

 

[the invisib1e hand]

people working part time are not unemployed.

you'd think any person with enough gray matter to read a sentence would understand this.

[FreeAtlanta]

Where did the missing workers go?

[rabscuttle385]

LOL

[algernonpj]

Excellent post as usual, Kas. Thanks for taking the extra time to post up the graphics. It’s the participation rate that tells the real story. The jobs picture in this country has been in continual decline since at least 2000. If our government reported metrics in any kind of honest way, it would show that our real economic output and wages have also been in decline for most of that same time period.

In absolute terms, this is not as bad as the Great Depression, but in terms of the amplitude and length of the downturn it may already be worse.

[CowboyJay]

If you index to any kind of fungible commodity, the picture gets alot clearer (and more unsettling).

[gonzo]

Industrial strength

for later read .................. FRegards

[GOPJ]

Thanks for the ping.

[RipSawyer]

People working part time may not be unemployed but they are not fully employed either. If one out of ten workers are laid off then the official story is ten percent unemployment but if all keep a job but are cut from forty hours to 36 hours weekly then the official story is NO unemployment. Obviously that is misleading. If everyone kept a job but had their hours cut in half would that be no unemployment or fifty percent unemployment? I say it would be the same as fifty percent unemployment.

[ballplayer]

I guess we now know why the unemployment rate dropped to 9%. More people not being counted,