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Message: The Administration says unemployment has improved to 8.3%.
The Administration says unemployment has improved to 8.3%.
Has it?
Not really.
They lie.
Lie #1. "Discouraged workers who give up looking for jobs are not really unemployed." Even a third grader would know that's laughable. If jobs are so hard to find that people are abandoning the search, that's a sign things are actually WORSE. Yes, but that's not how the government counts its headline unemployment number. Every time more people get discouraged, the government's jobless number improves!
Lie #2. "Unemployed workers who are forced to accept minimum-wage or lower paying part-time jobs are not unemployed." In other words, based on the government's definition, if you're a laid-off policewoman delivering newspapers for two hours a day, or a former sales manager greeting shoppers at Wal-Mart on weekends, you're not counted among the jobless!
But if you think that's strange, consider this: these lies are so enormous and egregious, the government has tried to address the outrage by quietly publishing another unemployment rate, dubbed "U-6." This number is never headlined in the press. Why not? Because it's one of the ugliest and worst-kept secrets of our time.
This official government number does include some of the part-time and discouraged workers. This month it is 15.1%.
Lie #3 began during the Clinton Administration. Before that officials at the Bureau of Labor Statistics were counting virtually all unemployed workers, including those who had given up looking for jobs because there were no jobs available. But one day, they were told to STOP counting anyone who had given up looking for more than a year.
So, if you're out of a job less than 365 days, and you give up looking for work, you're not counted in the headline number (this month 8.3%), but you are counted as a "discouraged worker" in the 15.1% that the government admits are unemployed in its U-6 number.
But, if you still are unemployed after 365 days, you're not counted any more period. The government magically decided that you no longer are "discouraged" or “unemployed.”
According to John Williams of www.shadowstats.com, if the government would include all unemployed workers, just as the government did before 1994, the true unemployment rate in America is 22.5%!
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Unemployment Definition
by Abbott and Costello COSTELLO: I want to talk about the unemployment rate in America . ABBOTT: Good Subject. Terrible times. It's 9%. COSTELLO: That many people are out of work? ABBOTT: No, that's 16%. COSTELLO: You just said 9%. ABBOTT: 9% Unemployed. COSTELLO: Right 9% out of work. ABBOTT: No, that's 16%. COSTELLO: Okay, so it's 16% unemployed. ABBOTT: No, that's 9%... COSTELLO: Wait a minute . Is it 9% or 16%? ABBOTT: 9% are unemployed. 16% are out of work. COSTELLO: IF you are out of work you are unemployed. ABBOTT: No, you can't count the "Out of Work" as the unemployed. You have to be looking for work to be unemployed. COSTELLO: BUT THEY ARE OUT OF WORK ! ABBOTT: No, you miss my point. COSTELLO: What point? ABBOTT: Someone who doesn't look for work, can't be counted with those who look for work. It wouldn't be fair. COSTELLO: To whom? ABBOTT: The unemployed. COSTELLO: But they are ALL out of work. ABBOTT: No, the unemployed are actively looking for work. Those who are out of work stopped looking. They gave up. And, if you give up, you are nolonger in the ranks of the unemployed. COSTELLO: So if you're off the unemployment roles, that would count as less unemployment? ABBOTT: Unemployment would go down. Absolutely! COSTELLO: The unemployment just goes down because you don't look for work? ABBOTT: Absolutely it goes down. That's how you get to 9%. Otherwise itwould be 16%. You don't want to read about 16% unemployment do ya? COSTELLO: That would be frightening. ABBOTT: Absolutely. COSTELLO: Wait, I got a question for you. That means they're two ways to bring down the unemployment number? ABBOTT: Two ways is correct. COSTELLO: Unemployment can go down if someone gets a job? ABBOTT: Correct. COSTELLO: And unemployment can also go down if you stop looking for a job? ABBOTT: Bingo. COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to re-define those who stop looking for work as "not in the workforce." ABBOTT: Now you're thinking like an politician. COSTELLO: I don't even know what the **** I just said ! And now you know why Obama's unemployment figures are a crock! |
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