Thread: The real unemployment figure in the US is around 20%
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Old 08-19-2009, 04:13 PM  
Barefootsies
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Quote:
Originally Posted by TheDoc View Post
The real % has been up around 20% for like 20 years. I wouldn't be surprised if it was higher than that.

The numbers that say 8% are only counting active claims. Once a person drops off unemployment and still doesn't have a job, they aren't part of that percentage - even though they have no job.


So right now we have like 8-10% 'CLAIMS' for unemployment. It has always been about double for the real number.


Things are bad, but they have been far worse.
Correct. If you know how the government calculated, manipulates the numbers it would have more people running scared. Right now the media and government are trying to sell a dream of rebounding.

http://www.numbersusa.com/content/nu...ment-rate.html

http://www.bls.gov/cps/cps_htgm.htm
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