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# Unemployment Drops to 7.7 Percent

Real unemployment analysis of actual Burea of Labor Statistics data... 1992 to 1996 - 5.3 million increase 1996 to 2000 - 9.8 million increase 2000 to 2004 - 5.1 million increase 2004 to 2008 - 6.8 million increase 2008 to 2013 - 1.2 million increase (PLEASE NOTE) Avg. increase of 1,690,000 persons per year to the "civilian work force" number 1992 to 2008. Suddenly, using Obummer BLS data, it's only increased 300,000 per year. Straightline math says should have been 6,726,000. The reason is they have moved these "missing workers" into the "not in the labor force" group, which has grown from 81,293,000 in Jan. '09 to 90,100,000 in Feb. '13.
george washington Wrote: Mar 08, 2013 3:33 PM
Obummer's unemployment calculation for February is 13,181,000 "unemployed" divided by 171,182,00 "civilian work force" persons equals 0.07699 or 7.7%.

The REAL number, using straight line math is as follows: 13,181,000 "unemployed" plus 5,526,000 million moved to the "not in the work force" number yields 18,707,00 actual "unemployed divided by 176,708,000 [171,182,000 plus the expected 5,526,000 (6,726,000 minus 1,200,000 reported added to the "civilian work force")] workers in the "civilian work force" equals 0.09446 or 9.4%.

9.4 %.

This is the unemployment rate without the "shift" of persons from unemployed to "not in the work force" by Skinny Little Barry's Bureau of Labor Statistics.
Joseph64 Wrote: Mar 08, 2013 5:54 PM
It should actually be a lot higher than that because you are only using 1 months data and not going back and correcting every jobs report that was released since Obama took office. If you did that, the starting figure for this month would be a lot higher than 7.7% and you would THEN add this months data to that.

## Unemployment Drops to 7.7 Percent

Finally, some good news on the unemployment front. More from CNBC:

Job creation broke out in February, with the economy creating a net 236,000 new jobs as the unemployment rate fell to 7.7 percent.

Private job creation stood at a robust 246,000, finally indicating that the economy may be ready to escape the tight growth range in which it has been held since the financial crisis.

Service industries led the gains with 73,000 new jobs, while construction added 48,000 and health care provided 32,000.

Economists expected the economy...

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