CHART SHOCK: The REAL Unemployment Rate Is 22%

By | February 26, 2011

It remains above 22% with the February update. Details from John William’s Shadow Gov’t. Stats.

* Shadow Stats

The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment. …

via CHART SHOCK: The REAL Unemployment Rate Is 22% – Home – The Daily Bail.

Get rid of the blood sucking leeches and there will be money to hire people again and the economy will recover. Look at where the money is going (2009):

Total Outlays (Federal Funds): $2,650 billion
MILITARY: 54% and $1,449 billion
NON-MILITARY: 46% and $1,210 billion

FY2009 federal piechart

2 thoughts on “CHART SHOCK: The REAL Unemployment Rate Is 22%

  1. Mirlen101

    Seems to cost more to kill people then it does to keep them alive ! ;-| The official unemployment stats have always been bull . They use the unemployment records . So once people go off there unemployment checks and give up they are not counted . The number of actual unemployed rises as the official number drops ;-/

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