[McGruff]

I think his point is that the unemployment numbers don’t include those who quit looking for a job. Wonder how many of those are on welfare.

[proxy_user]

In college and grad school: about 20 million
Housewives: about 20 million
Retired, under 65: about 10 million
In jail: about 2.5 million

That accounts for a lot of them.

[Safetgiver]

I think his point is that the unemployment numbers don’t include those who ......Graduated college, high school, the Armed Forces and tech school in the last seven years and couldn’t find a job. My take has been the UE rate is 30-35% for sure, in the last seven years, and possibly 40-43% now.