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Biden’s practice of de facto Racism hurts Working-Class Americans (#CountAlltheUnemployed).
Thy Black Man ^ | May 2, 2021 | James Davis

Posted on 05/02/2021 11:54:44 AM PDT by Lordjazz

When you understate the number of unemployed, which leads to understating our unemployment rates, people can literally go hungry, as they are underserved when it comes to potential and real federal government benefits. It is super important to get our unemployment rates right, so that the unemployed are not invisible. They should be readily visible to policymakers, to voters and the general public. Real data can lead to “real” solutions. Using real data, policymakers can actively address our unemployment situation and actually solve it.

The inability of a statistical survey, especially one that is official, such as our monthly jobs report, to capture the full picture of what is going on in our economy, when it comes to joblessness, leads to systemic racism. Objectivity and who is measured, and which unemployment rate category is presented as the “Official Unemployment Rate,” when it comes to the Bureau of Labor Statistics (BLS) reports is the subject of much criticism. THE TRUTH MATTERS, in the calculation of idle workers in our economy, who want to work. Although, the jobless rate is just one measurement of our economic progress; nevertheless, it is a vital one, given the role that employment plays in our economy.

The Bureau of Labor Statistics (BLS) admits its current configuration of Alternative Unemployment Measurement categories, where the U-3 category is identified, as the official unemployment rate lacks comprehension. That of course leaves the door open for the Biden administration to add clarity when it comes to our unemployment situation. Biden can change the “Official Unemployment Rate” category of U-3 to U-6, which is the most comprehensive of the rates (click on the link), which most economists recognize as the real unemployment rate, anyway. Here is what the BLS says, regarding comprehensiveness when it comes to our unemployment rates:

(Excerpt) Read more at thyblackman.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: joebiden; labor; politics; unemployed

1 posted on 05/02/2021 11:54:44 AM PDT by Lordjazz
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To: Lordjazz

Nothing hurts present day blacks like Democrat racism.

I was raised by Cajun parents in Louisiana. They taught me very early in life to respect all (quite the opposite of what the slimy east coast “superiors” preach).

In my life, I’ve had the pleasure of knowing and teaching (not eddikating) many blacks - ALL of which who have had real accomplishments, (not Dorkbama-level quota POS accomplishments. Those expectations include watching my jet training students do quite well, as well as EVERY EE PhD candidate completing their work. (Note these are not marshmallow liberal expectations for studies, eddikashun, & other first grade degrees, but REAL accomplishments such as fighter school and PhDs in real academic majors that actually require real work.)

They are totally capable of rising to meet expectations. Any life form is capable of meeting Democrat expectations - since those expectations are not worth Obamastuff. To lower expectations for a race is as demonstrable a form of racism as can exist.


2 posted on 05/02/2021 12:04:16 PM PDT by Da Coyote
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To: Lordjazz

Interesting article history you have.

https://freerepublic.com/tag/by:lordjazz/index?tab=articles

Looks like you are just here to promote a blog.

Got any thoughts on that?


3 posted on 05/02/2021 12:12:56 PM PDT by humblegunner (Balls To Picasso.)
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