The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Facts--You HAVE To Believe 7.8%||Date: 10/6/2012 3:15 PM|
|Author: spikie||Number: 1821826 of 1972600|
You have to look at the figures. You can believe if you wish. I look at this with prejudice.
For the first time in my memory, part-time jobs are included in this report as a measured factor in increases in employment. That has not been done before that I recall.
At that point, my trust in the figures becomes less than total.
In fact, the liberal Huffington Post notes that the unemployment figures Romney put out are substantially more accurate than those of the president.
Unemployment, burger-flipping engineers, part time college grads, people who have given up looking.... real unemployment numbers - not even counting underemployment - are closer to 22%.
The U-6 number is close to 15% actual. U-6 includes "... the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment."
These are the government's own numbers - just they aren't reported to the public by the media or the government.
So, sorry. I don't HAVE to believe the U-3 numbers - that is the narrowest definition of any measure.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|