Breaking story! TRUE unemployment rate is 14.7%

Posted in the Tucson Forum

common sense

Sanford, NC

#1 Oct 5, 2012
Breaking story! TRUE unemployment rate is 14.7%

This morning it was widely reported that the national "unemployment rate" dropped to 7.8%- and that most of the drop was "the fact that many people simply stopped looking for a job." That comment is very disrespectful to unemployed people who are working harder than ever to find a job.

The rate that is reported as the unemployment rate by the Bureau of Labor Statistics is table U3. That table only measures the number of people who are Receiving Unemployment Benefits. The true unemployment rate is 14.7% and is reflected on BLS table U6 - and remains unchanged. By the way, Congress dictates which table is used to report unemployment. ...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Tucson Discussions

Title Updated Last By Comments
Review: A&L Transport Best Moving Company Freig... (Feb '14) 1 hr samanthawillis 7
what happened to The Morning Blends Ann Laurice... (Jun '13) 2 hr Charliejones 10
FeaturePoints code : QYTQ2X 2 hr Ldkskd 14
Post you feature points referral code (Feb '14) 3 hr Ojj 5,330
Feature Points Referral Code for 100,000 points... 3 hr App HACKER 29
Liberals Won't Deport Illegals only Provide Ser... 4 hr Culture Auditor 1
Immigration is the Real War on Culture Tue Culture Auditor 1

Winter Storm Watch for Pima County was issued at January 28 at 3:32AM MST

Tucson Dating
Find my Match
More from around the web

Tucson People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 12:13 pm PST

NBC Sports12:13PM
Miami gets record donation from former 'Cane Calais Campbell
NFL 5:29 AM
Patrick Peterson: Seahawks WRs are very underrated
Bleacher Report 8:48 AM
Why Chargers Absolutely Must Draft Eddie Goldman
Bleacher Report 3:17 PM
Retaining Cromartie Should Be Priority for Cards
NBC Sports 6:14 AM
Michael Bidwill on Larry Fitzgerald: We'll get this worked out