Are you both aware that these numbers exclude discouraged workers who have exhausted their unemployment compensation?
The real unemployment rate is much higher then the government “numbers”. They play around with who to include, and who to exclude to make things look a whole lot “prettier” than they actually are.
They do the same with “inflation” statistics, changing what’s included and what is excluded in the formula, so they don’t have to pay seniors enough to keep up with real inflation.
Just be suspicious of accepting gov’ment stats, until you actually check out how they are making up the formulas.
“Are you both aware that these numbers exclude discouraged workers who have exhausted their unemployment compensation?”
So the government is putting out 4.6% unemployment. but Real unemployment is 20%? that’s a bit of a leap, don’t you think?