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Author Topic: Alternate Unemployment Rate 22.9%  (Read 682 times)

Offline JohnyMac

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Alternate Unemployment Rate 22.9%
« on: February 15, 2016, 09:10:08 AM »
I ran across this site that claims that the US unemployment is actually 22.9% not U-3 5% or U-6 10%

Thoughts?
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Offline JoJo

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Re: Alternate Unemployment Rate 22.9%
« Reply #1 on: February 15, 2016, 09:23:29 AM »
The low number the administration gives is those who collect and are actively looking for a job. The rest who are on unemployment and not looking for work are not counted neither are those who went on S.S.I. disability.  If you remember almost everyone who ran out of 97 weeks of unemployment went on disability. They play with the numbers.
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Offline Nemo

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Re: Alternate Unemployment Rate 22.9%
« Reply #2 on: February 15, 2016, 10:24:24 AM »
And the actively seeking that are counted are only the ones who are seeking through a state unemployment office or some type of company like the various temp agencies.

Nemo
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Offline Kbop

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Re: Alternate Unemployment Rate 22.9%
« Reply #3 on: February 15, 2016, 12:17:24 PM »
http://www.shadowstats.com/alternate_data/unemployment-charts
- if my slow brain members ok, JM posted the above web site once.  it splits the difference between Trump and Obama.
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