The Unemployment Numbers Game

Let me illustrate how the unemployment number is fabricated:

1) Let us assume an available work force of 150 million;

2) Let us then assume that 15 million workers are looking for work and, in the meantime, are drawing their unemploymen benefits; the other 135 million are working;

3) That would give us an unemployment figure of 15 divided by 150, or 10%;

4) Now let us assume that 5 million unemployed have exhausted their unemployment benefits, thus disappearing from the number of available workforce;

5) The available work force therefore is now only 145 million, with no change in new hiring; the same number of workers who are working is still 135 million;

6) Now calculated the new unemployment rate, as follows: 10 million divided by 145 million equal 6.9%.

And so – hokus/pokus – we end up with a totally manufactured unemployment number!

A criminal procedure that should be prosecuted by the Congress with impeachment in sight.

Thoughtsjustoffcenter: A thank you to Marc Jeric who posted this above reply on February 08, 2012, 11:56 AM, on Conservativebyte.com, in reply to the article "A Closer Look at the Jan. Jobless Numbers: Are They ‘Being Made Up?" You can find the actual numbers at "Table A-15" in the report.

Here is the link : http:'//www.bls.gov/news.release/empsit.t15htm, just click on it an view it for yourself.

Obama Recovery Worse than the Bush Recession

New evidence suggests there’s a reason why this economic “recovery” hasn’t felt much like a recovery. Figures from the Census Bureau’s Current Population Survey, compiled by Sentier Research, show that the “recovery” has actually been harder on most Americans than the recession from which they’ve allegedly been recovering.

According to Sentier’s report, the median American household income has actually fallen during the “recovery.” Not only that, but it has fallen even more than it did during the recession. Gordon Green, former chief of the Governments Division at the U.S. Census Bureau and co-author of the report (with fellow Census veteran John Coder), says, “Real income fell by 3.2 percent during [the recession]. And during the recovery it went down by 6.7 percent.” So “income [has] declined twice as much in the recovery as in the recession itself.”

Continued at: www.weeklystandard.com

Thoughtsjustoffcenter: So this administration claims that the nation is in a recovery and that jobs have increased for every month of the recovery, hum. Then why are there 2-million less jobs available than when the "O" took office in January 2009? If the employment rate has dropped, at all, then it is due to statistical manipulation. Yet, most can't see it because they couldn't understand High School math or received "D's and F's" in the subject. They also don't remember how to read a graph, if they were taught/paid attention at all. Last I checked (last month) the true figure was over 16 percent.