More like the line from Humpty-Dumpty:
“When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean - neither more nor less.”
The numbers we see on TV today are pure BS.
There are only two numbers that count: How many people there are in the US of working age.... And how many of those actually have a job.
I don’t remember the exact number but I think I remember that using this formula, 47% of the population is unemployed.
I am sure that if you were to take that number and break it down into the number underemployed; that is in temp, part time and/or jobs far below their education and past pay level, the numbers would scare you to death.
I think they say that with all the people that have dropped out of the work force or stopped looking for work, that the real unemployment level is at least 12%.