[HiTech RedNeck]

Welfare cases aren’t counted in that number

[SharpRightTurn]

“Welfare cases aren’t counted in that number”

Correct. Nor are people who have given up looking for a job because the economy is so rotten.

In other news, David Stockman, former Reagan administration Budget Director, says the real unemployment rate is 42.9%, not the B(L)S’s 5.5%:

http://davidstockmanscontracorner.com/the-warren-buffett-economy-why-its-days-are-numbered-part-4/