Really? cut off unemployment benefits and see the actual rate. Many people on the benefits aren't looking for work and thus not counted.
I have 2 relatives laid off in the last month. One a 10 yr. employee. The other a 28 year.
Yeah I know a lot of people that have lost their jobs this past year many long time employees because of Obamacare. If the media reports wages are up they need to note that the price of everything has risen substantially and that the wage increase is actually a decrease in buying power because of inflation. Think we’ll ever ear that side of the story? Don’t hold your breath...
“Really? cut off unemployment benefits and see the actual rate. Many people on the benefits aren’t looking for work and thus not counted.”
Exactly. The U-6 unemployment measure (the way it used to be counted) is over 15%.
The other misleading thing that’s often not considered is that most of the “new jobs” are the minimum wage McDonald’s type, and often not even full-time.
I think most folk are seeing through the lies by now...they’re out there seeing it firsthand every day, despite whatever BS the media is selling.
(It’s also pretty funny that among young adults, trust in government is at an all-time low. The only thing that’s lower is their trust in traditional media.)
“I have 2 relatives laid off in the last month. One a 10 yr. employee. The other a 28 year.’
Good luck with that. it’s a tough environment out there, particularly for seasoned workers.