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Blackhawk Dave · 10-05-2012, 04:58 PM

When you look inside the numbers, here's what you find. The increase in jobs was due to the counting of part-time jobs, not actual gainful employment (IT guys flipping burgers). Also, they cut the employment force again. Right now, the effective work force is 63.7%, where it was under Carter in the late 70's. The U-6 figure, which is the more accurate indicator, is still at 14.7%.

This IS NOT a recovery.

10-05-2012, 04:58 PM	#8
Blackhawk Dave Senior Member Join Date: Nov 2008 Location: Denton, TX Posts: 593	Re: 7.8% Unemployment? Obo Cooks the Books When you look inside the numbers, here's what you find. The increase in jobs was due to the counting of part-time jobs, not actual gainful employment (IT guys flipping burgers). Also, they cut the employment force again. Right now, the effective work force is 63.7%, where it was under Carter in the late 70's. The U-6 figure, which is the more accurate indicator, is still at 14.7%. This IS NOT a recovery.