[khelus]

The title says it all.

If you go over to ShadowStats the real unemployment rate is just under 25%.



The blue line on the graph =

all those listed as unemployed,

all those who are working part time but need full time,

plus it adds back in all those who have been conveniently removed from the labor force but need jobs

From the article:

"The economy has created only about 6 million new jobs during the Bush-Obama years, whereas the comparable figure during the Reagan-Clinton period was about 40 million. A recent study by the Center for Immigration Studies indicates that virtually all the new jobs created since 2000 went to immigrants, whereas none were created for native-born Americans."

Note: 'immigrants' include illegals. The BLS doesn't differentiate between them. They are preferred because they are a cheap, desperate, compliant source of labor from cultures comfortable with big government subsidizing them and identity fraud.

The Middle Ages Redeux.

[DonaldC]

The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the lack of decent job openings, having quit altogether. They are neither employed nor looking for work.

If this is true, then the unemployment rate as reported by the gov is accurate. People no longer looking should not be counted.

[Dilbert San Diego]

Do we still do recovery summer?

I think that summer 2010 was recovery summer? How did that turn out?

Wasn’t Joe Biden tracking the spending on Porkulus, and was supposed to report back to Obama how it all went down???

What ever happened with Porkulus? Did we ever get an accounting of the results of that spending???

[sr4402]

all those who are working part time but need full time

That's the big secret the Obama Administration does not want you to know. That the majority of jobs created by the Gigantic Stimulus Program (ie more spending than all US Wars combined) were PART TIME. And of those most went to non-americans (ie Illegal Aliens).

What did we expect when Obama was elected?

[devolve]

-

- barter, trade, “do favors for friends”, etc.

- screw Muzzie Hussein Obama and the crooked IRS -

- are you subsidizing illegal aliens Obamacare, food stamps, medical care, housing, legal aides, welfare, etc.?

- yes you are -

- are you insane or just a dumb loser?

- go play golf with your idiot messiah -

-

[DJ MacWoW]

5% Carry 100% of Free Republic Expense

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[Socon-Econ]

The undeserving disability slackers should also be counted as unemployed.

[JimRed]

I’ve been calling it “at least 15%” for the last couple of years. I’ll have to update myself!