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OFFICIAL UNEMPLOYMENT RATE 8.1% ? Pfffft ~ Dept. Labor Buries REAL STATS ~ 16% !
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[quote:Anonymous Coward 643946:MV83NTgxNTJfMTE2NDIxOTBfOTVEQUMwODg=] Faux news ran a segment on the U-6 numbers a few days ago. it was early in the morning though, so not sure how many saw it. Like 4 am early. [/quote]
Original Message
So...the rate of unemployment for February is 8.1%
Check this table at the Dept. of Labor's Bureau of Labor Statistics website:
[
link to www.bls.gov
]
Note the U-6 Measure:
U-6
~ Total unemployed, plus all marginally attached workers,* plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.
NOTE: Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not looking currently for a job. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule.
UNADJUSTED: 16.0%
SEASONALLY ADJUSTED: 14.8%
One out of every SEVEN workers.
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