Article

2012-02-03 Economy

BLS unemployment lies: actual implied unemployment at 11.5%

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Posted by DarthVader 2012-02-03 10:50|| || Front Page|| [2 views ] Top

#1 I really expected numbers game. Next week we will see adjustments. O is taking credit as expected. Being an election year everything is being done to protect this administration. This is good. The truth hurts. We need some propaganda so everyone doesn't jump ship. Should Republicans win suddenly the truth will get out. The sheep are being led. They believe everything they are told. Don't worry be happy(blame the evil 1% and capitalism). We have controls to correct all our economic troubles. No great depression. This is a modern world now. In two months time 2.5 million jobs(heard that on the radio today) are gone. Yes, older people are working but I'd bet its part time low wages.

Posted by Dale 2012-02-03 14:53|| 2012-02-03 14:53|| Front Page Top

#2 Take a look at Shadow Stats employment data - which includes long term discouraged workers (like the 3 yr unemployed semi-conductor engineer who's wife questioned Obama). Actual rate is more like 23%.

Posted by Cincinnatus Chili 2012-02-03 16:44|| 2012-02-03 16:44|| Front Page Top

#3 Of course there are also some of us Baby Boomers who had figured on being retired about now, but are hanging on to our jobs because a good job is the only asset of any real value anymore.

Posted by Glenmore 2012-02-03 18:14|| 2012-02-03 18:14|| Front Page Top

#4 "The unemployment rate in Norway is now at 2.8 per cent, the lowest in Europe".

Drill baby drill!. Hopefully China hasn't bought everything up.

Posted by Dale 2012-02-03 20:55|| 2012-02-03 20:55|| Front Page Top

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