The administration doesn’t care. Lying helps it keep its power.
“If you, a family member or anyone is unemployed and has subsequently given up on finding a job — if you are so hopelessly out of work that you’ve stopped looking over the past four weeks — the Department of Labor doesn’t count you as unemployed. That’s right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.”
Posted on FR last May by 4Liberty
http://www.freerepublic.com/focus/f-news/3151710/posts
Unemployment Drops to 0% as Last Worker Leaves Labor Force
The People’s Cube ^ | May 3, 2014 | Opiate of the People Posted by 4Liberty
Comrade Barack Obama today became the first to achieve a milestone coveted by enlightened central planners everywhere when the Bureau of Laborious Statistics announced the much-followed totally-meaningless “headline” U3 unemployment rate for last month was ZERO PERCENT! This means that the glorious economic recovery he engineered after the disastrous Bush years has now attained FULL EMPLOYMENT!
It is a tribute to Professor Obama that he was able to find the Holy Grail which eluded history’s greatest economic thinkers such as Lenin, Stalin and Mao. This landmark achievement along with his establishment of free healthcare for everyone via the Affordable Care Act cements his reputation as the Greatest Leader in this or any other universe for all time.
The dramatic moment occurred at 12:03 PM, four weeks to the day after Lyman Yilk, a pipe-fitter from Bittcling, Pa, finally gave up looking for work. Mr. Yilk has been unemployed since 2005 but was on a celebratory bender since the day after Mr. Obama’s first election and did not know that the Keystone Pipeline (which Mr. Yilk was hoping to find work on) had been cancelled due to environmental concerns. When he finally sobered up four weeks ago and learned the project was dead, he abandoned his search to find a job.
Mr. Yilk was the last worker to leave the labor force and turned the lights out as he left. According to the BLS definition:
Quote: U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks. Without Mr. Yilk, there was no one actively looking for work any longer, hence the U3 rate was now ZERO PERCENT, praise Obama!
Gloom-and-doom naysayers were quick to note that the labor force participation rate had also dropped to zero percent which (according to them) was not a good thing as it meant no one was employed. Comrade Nancy Pelosi countered their racist, straw-man argument brilliantly by observing that it also meant no comrade was any longer “job-locked” and each was free to be an artist, writer, hooker, etc, and pursue their passion.
“There is no underestimating this tremendous achievement of Barack Obama” said Paul Klugeman, an expert on hiding declines and fudging economic statistics as well being the self-proclaimed “Conscious Liberal”. “Comrade Obama has achieved the socialist dream of freeing all of The People ™ from the slavery of work and permitting them to live off of someone else’s dime as god, if he existed, would’ve wanted.”
Dr. Klugeman was asked if a problem would arise due to the fact that since no one was working, there would also be no one to pay for the benefits that all the non-workers were collecting.
“Nonsense”, he proclaimed. “The Fed will simply print money for artists and writers and hookers to use to buy things from China! What could go wrong?”
It seems so simple now, it’s a wonder no one ever thought of it sooner.
“The genius of Dear Leader Barack Obama lies in his simplicity”, said Dr. Klugeman.
We agree.
Put Hillary in office and we’ll have 8 MORE YEARS OF LIES, LIES, AND MORE LIES. In speaking of Benghazi, what about that “awful Internet video”, huh Hillary?
We are being grubered.
Since Republicans now control congress, why can’t some Representative draft a bill that says: “from now on, here’s how we are going to count unemployment in the USA, because the way we’ve been doing it is misleading.”
It’s really important to do it now, because when we control the Administrative AND Legislative branches (1/20/17), we need that number to be accurate (high), so that we can show huge improvements after we reduce federal regulations, spending, and taxes.
Republicans can’t complain about this stuff anymore. It’s on us to change it.
12%
The Obama regime has functionally disabled 50% of the otherwise able legal citizens. The 5.6% is just the scum on the pond of those who have already given up looking,
bttt for a later read.
heard Rush talking about this.
Too bad the media won’t take hold of this.
We are living through a nightmare: spiritual, economic, social...all is deteriorating. And Obama is helping to accelerate that deterioration.
People who collect unemployment compensation must certify periodically that they are actively searching for work, whether they are or not. If you don’t tell the lie, you don’t get your check. Needless to say, almost everybody tells the government what they want to hear.
As soon as unemployment runs out, there is no longer any requirement to lie in order to get a check, so people just stop lying. At that point, they are counted as having dropped out of the labor force because they have “stopped looking for work”. In reality, the only thing they stopped doing was lying about it.
30 million my butt more like 93 million.
We have WAY more unemployed people than 30 million. At least 30 PERCENT of the population is unemployed! In other countries, civil wars have started over lower percentages! The only reason we aren’t in a shooting war now is because of the social-welfare/government benefits safety net. Once that safety net breaks? Its all over.
from 1982-2006 you didnt need people to convince you the economy was doing great. Some ups and downs, but it was consistently good the entire time.
Now these freaks have to engage full-time in trying to convince us that this s**t sandwhich is the best economy in decades when any fool can look around them and see it is terrible.
What bulls--.
The media don't love a comeback story.
The media are hardcore leftists worship Obama and they will echo any self-serving lie his court jesters wish to promulgate.
and the LIV eat that up like cake at a birthday party for O.