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The Unemployment Tragedy the Media Won't Report

loadstar Wrote: Mar 09, 2013 1:28 PM
The level of actually employed full-time (labor participation rate) is DOWN since the ObaMessiah slithered in...no "recovery" since WWII (per the BLS) has been so anemic in this regard >>>>>>>>>>>>>>>> Part of Romney's problem was that HE was a decent guy who would not get down in the gutter with the other side...but he ran against dogs and picked up their infected fleas-- thence, 4 more years of the Plague/"Black Death" for America

It’s breathtaking how we are being lied to about unemployment specifically, and the economy in general. Just Friday we learned unemployment is down to 7.7% with the miraculous addition of over 200,000 jobs. The media was instantly celebrating great news. But is it actually great news?

First of all the REAL unemployment figure (as all economists know) is U6- which is the true measurement of not only those officially classified as unemployed, but those who have stopped looking. That number is over 14%. Why does the media never mention U6? If we have two measures of joblessness- one...