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To: expat_panama
Oh? That's the reported unemployment rate.

What's the real rate?

3 posted on 12/05/2016 2:50:19 AM PST by null and void ( If you defy federal law, we deny federal funds.)
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To: null and void; ClearCase_guy
absolutely no sense?

What's the real rate?

I kinda had y'all in mind when I posted #4

5 posted on 12/05/2016 2:53:17 AM PST by expat_panama
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To: null and void

Shadowstats has the ‘real’ rate at 22.8%...that I can believe.


9 posted on 12/05/2016 3:09:58 AM PST by who knows what evil? (Yehovah saved more animals than people on the ark...www.siameserescue.com)
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To: null and void

The real unemployment rate is about 23% according to ShadowStats.com. I have calculated it independently as 24% so it is pretty close to the ShadowStats number.

During the Great Depression unemployment topped out at 25% in 1933.


45 posted on 12/05/2016 5:33:21 AM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: null and void

Keep in mind that the Feds count a part-time job as being a full-time one. If an individual has two pat-time jobs that equals two full-time jobs.

And most of those jobs, besides being part-time, that have hired recently are in service and not maufacturing.


47 posted on 12/05/2016 5:37:10 AM PST by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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