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Shadow-Stats: Obama's real unemployment rate almost 25%!
Shadow-Stats ^ | February 5th, 2016 | Jon Williams

Posted on 02/13/2016 3:24:01 PM PST by Javeth

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: amnesty; h1bvisa; illegalimmigration; unemployment
As the Shadow-Stats chart shows, the real US unemployment as of January in 2016 has been steadily going up and is now just a little below 25 percent, even worse than in 2009. Unsurprisingly it was Bill Clinton who began the practice of massively cooking the numbers back in 1994, but Obama has been pursuing it with never before seen eagerness. It's like a hard number to measure the corruption of the Obama government. None of us here would be surprised to learn that the Obama administration has been massively fudging the economic numbers, but even there it's shocking how extreme and brazen the lies are, I doubt even the Soviet Union's official media liars went this far. The US economy is a wasteland, we're all aware of it, yet the administration has only gotten more determined to push its BS formulas in getting the numbers, to hide the number of Americans not working, dropped off the rolls, in poverty or otherwise facing disaster.

What stands out the most about the latest Shadow-Stats chart isn't the gap between the real unemployment and the government's false number, instead what's worse is the way Obama and the mainstream media parrots have been cooking the numbers to hide the fact that incomes are way down and unemployment has gotten even worse over the past year, instead pretending it's gotten much better. Americans run out of unemployment claims and just give up, scrape by on food stamps or temp work, leave the country or drop off the grid, and Obama's bean counters pretend they've all found good paying,jobs. A bunch of once successful spouses get thrown into prison when they can't pay the state's outrageous alimony or inflated child support payments, and magically they drop out of the labor-force. Someone gets hit with a six figure hospital bill and drown in debt, but no, according to Obama, they're employed and happy. Labor-force participation is at a historic bottom, but Obama and the media won't talk about it.

If there are any campaign staff members lurking around here, please take note that when your candidate addresses the American people, they need to be aware of the real numbers from Shadow-Stats, not the fantasy numbers from the Obama administration, because what Americans are truly experiencing is what's on those charts. This is one of the reasons that any support of amnesty or the h1b visa is a guarantee for electoral disaster for any candidate who supports them in any way, the real economy is a horrible mess and we simply can't handle the legal immigration levels in place let alone millions of illegals, h1b cheap labor or the TPP or other free-trade deals. The Chamber of Commerce, Bill Gates, Sheldon Adelson and Mark Zuckerberg live in their protected fantasy-lands of privilege and try to purchase candidates, with GOPe RINO traitors like Sens. McCain, Graham, Hatch, Ayotte, Kirk, Flake, Rubio, Haley, Alexander, Corker, Collins, McConnell, Hoeven and Wicker happily selling out. But even otherwise solidly conservative candidates need to be more careful not to be snowed by Obama's false numbers when putting together their stands.

Most of us on my block are still undecided and it'll be a while before we get to vote in our primary, but what we know for sure is that none of us will ever support a candidate who backs amnesty or the h1b visa. This is the one single issue that's holding back and threatening to derail the Ted Cruz campaign, it's infuriating because we all like him, respect his intelligence and agree with most of his stands, but his former support for increasing the h1b visa (basically making it unlimited) has left a deep scar of distrust, and his shift back in November on the h1b didn't go nearly far enough. It's not enough to ask for a temporary halt to the h1b or especially to tie it and legal immigration to unemployment numbers since the unemployment numbers are fudged anyway. He needs to campaign for an unconditional abolition of the h1b program and use his power as a Senator to introduce such a bill on the Senate floor. If he does this then our reservations would be better addressed and he'd massively boost his support overnight, with a strong shot at winning the nomination.

1 posted on 02/13/2016 3:24:01 PM PST by Javeth
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To: Javeth

Addresses the lack of traditional job growth, and how it impacted unemployment.

http://www.freerepublic.com/focus/f-news/3394920/posts


2 posted on 02/13/2016 3:27:17 PM PST by DoughtyOne (the Free Republic Caucus: what FReepers are thinking, 100s or 1000s of them. It's up to you.)
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To: DoughtyOne

I’ll trust your own workup before I trust John Williams over at Shadowstats.


3 posted on 02/13/2016 3:29:49 PM PST by 1rudeboy
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To: 1rudeboy

Thanks...


4 posted on 02/13/2016 3:31:39 PM PST by DoughtyOne (the Free Republic Caucus: what FReepers are thinking, 100s or 1000s of them. It's up to you.)
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To: Javeth

No problem. Just call 25% the NEW NORMAL.


5 posted on 02/13/2016 4:13:01 PM PST by Mark (Obama Care is now DEMOCRAT CARE)
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To: Javeth

The rate the media agrees on in print will remain below 5% until a republican is elected.


6 posted on 02/13/2016 4:39:27 PM PST by Iron Munro (The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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To: Javeth

That is the same rate as the Great Depression!


7 posted on 02/13/2016 8:01:58 PM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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