Fake jobs numbers…. again
Filed Under: 2012 Elections, 2012 Presidential Election, Capitalism, Democratic Party, Democrats, Economy, Elections, Featured, Government, Markets, Party Politics, Politics
The White House this morning, is serving up fake jobs numbers… again. And they read like a fairy tale. 7.8% unemployment. But notice… the U6.. the real unemployment number… isn’t listed in the reports we all see… It stood at 14.6% as of last month. That’s a fact that has not moved substantially, for months. Here’s the breakdown from the BLS.GOV website.
Measure | Not seasonally adjusted | Seasonally adjusted | |||||||
---|---|---|---|---|---|---|---|---|---|
Sep ’11 | Aug ’12 | Sep ’12 | Sep ’11 | May ’12 | Jun ’12 | Jul ’12 | Aug ’12 | Sep ’12 | |
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force | 5.2 | 4.3 | 4.2 | 5.3 | 4.6 | 4.6 | 4.5 | 4.4 | 4.3 |
U-2 Job losers and persons who completed temporary jobs, as a percent of the |