Learned many years ago to take what the government says with a grain of salt, then it may be true.
The truth is that it is now easier for the government to retire workers with social security benefits and other public assistance who are older or non-productive and make openings for the younger people. The real crisis is that older folks will find it harder to work, ever again. The young will eventually obtain some type of employment.
It should be a Republican/Conservative initiative to limit employment at non-profits, these types of employee(s) are really just adding welfare type jobs to donations; charity should not become a major employer for liberal causes - and for conservative causes become extinct....
obambi has got his wish; we are now a third world country. With unemployment this high, riots are inevitable. Look at Greece, Spain and Argentia to see what’s coming.
I collect unemployment figures for them, people are begging for more hours, ie: to REALLY be EMPLOYED.
P.S. if you work ONE HOUR in the ‘week’ that is calculated, EVEN BABYSITTING (which they specifically say), you are ‘employed.
!
Just a reminder. After four entire years Obama has the reported unemployment rate right back where it was when he tok office. That is hardly what I call a recovery.
Even these numbers are far too low.
To get a true picture, you need to look at the “Labor Participation Rate”, which is not buried under layers of lies.
Plenty of people who have no job skills also get declared as ‘disabled’, so they play the system for money.
Able bodied people of working age who are employed is now below 64%. That means a greater than 35% unemployment rate.
http://data.bls.gov/timeseries/LNS11300000
about right. bookmark.
It’s not higher than those numbers? Even those seem a little low.
I ran some numbers off the BLS site (wish I could find the post I put together on it).
But the upshot is that the official unemployment rate is way low, just by comparing what they call the workforce (static) vs. population (growing).