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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
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[quote:RoXY:MV8xNTc4NDI2XzM0OTQ3MTE1XzEzMjZEQjZB] [b]New Unemployment Numbers Are A Fraud[/b] Gregory Patin Saturday, December 8, 2012 Activist Post According to a report released yesterday by the Bureau of Labor Statistics (BLS), there were approximately 146,000 jobs added in the U.S. in November and the unemployment rate dropped to 7.7 percent, which would be the lowest since 2008. The report is based on a survey of households and employers, and does not accurately depict the reality of the jobless rate in the U.S. today. The 7.7 percent rate is the government’s most widely publicized unemployment rate, known as the U-3, which takes into account only those who are collecting unemployment benefits and actively looking for work. It does not take into account those whose unemployment benefits have run out, those who have given up seeking work, those who are underemployed – desiring full time work but forced to work part time, or those who have dropped out of the labor force more than 12 months ago. [b] CONTINUE: http://www.activistpost.com/2012/12/new-unemployment-numbers-are-fraud.html[/b] [/quote]
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Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
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