Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Califreak; Jack Hydrazine

I consider the U6 unemployment figure to be a more accurate measure of unemployment than the U1-U5.

I believe the real unemployment figures are far far higher than reported.

For years, John Williams at Shadowstats.com has been applying current economic data to the government's historical definitions of various economic indicators (they change their algorithms as politics mandate). The above shows the current result of his exercise.

23 posted on 11/08/2013 7:12:27 AM PST by Zakeet (If socialists understood economics, they wouldn't be socialists - Friedrich Hayek)
[ Post Reply | Private Reply | To 18 | View Replies ]


To: Zakeet

The ShadowStats data IMO is a much, much more accurate look at the total unemployment numbers for the US.


24 posted on 11/08/2013 7:17:09 AM PST by Jack Hydrazine (IÂ’m not a Republican, I'm a Conservative! Pubbies haven't been conservative since before T.R.)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson