Unemployment is not at 8.3%, it is much higher. 8.3% represents only the number of people who are actively receiving unemployment assistance. It does not count the huge number of high school and college graduates who have yet to find their first job, it does not count the people who have run out their unemployment benefits, and it does not count the self-employed whose businesses have failed in the past four years.
The government’s own U-6 (total) unemployment figure was FIFTEEN PERCENT for July 2012.
http://www.bls.gov/news.release/empsit.t15.htm/
Stop believing the lies from the media!!!!!
[begin sarcasm]
Does it include those folks who have sat around on their arounds for the last 99 weeks and now their unemployment is over so they’re applying for Supplemental Security Income (SSI) or (assuming they worked long enough) Social Security Disability Insurance (SSDI)?
[end sarcasm]