True Unemployment Rate, Not obama Lies
May 22, 2012
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This “official unemployment rate” has been manipulated throughout the years. The current version does not include discouraged workers (those who stop looking for work, or no longer can qualify for unemployment benefits) and the underemployed (those who take part-time jobs just to get by). Rep. Duncan D. Hunter, R-Calif., stated in The Washington Times, “The official unemployment rate treats this subset of Americans, totaling as many as 88 million people, as if they just vanished . . . call it what it is, an accounting gimmick.”So What Is the Real Number That Obama Would Prefer You Don’t See?The real unemployment rate is an eye-opening 22.3%, according to John Williams with Shadow Government Statistics . . . nearly triple the “official unemployment rate.”
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