Tuesday, April 10, 2012

TRUTH ABOUT THE UNEMPLOYMENT NUMBERS
Astonishing, 87,897,000 Americans Not in the Labor Force...
The disappointing unemployment numbers fell 80,000 jobs short of projections, another number is raising eyebrows: the number of Americans not in the labor force has hit a record high 87,897,000.
These numbers explains why overall unemployment dropped from 8.3% to 8.2%, as the Department of Labor's unemployment figure does not include people who have given up hope and are not actively seeking employment. The unemployment numbers are skewed because it does not include those who have stopped looking for employment.
The number of individuals who have stopped looking for a job and/or who are working part-time but desire full-time employment is included--a figure known as the "underemployment rate"--real unemployment stands at 19.1% according to a Gallup Poll.