Home > Unemployment > 88 Million (That’s One In Three Americans) Are Invisible to Government Employment Statistics

88 Million (That’s One In Three Americans) Are Invisible to Government Employment Statistics

“With recovery in full swing and unemployment dropping to an Obama administration near record low of 8.2%, the US economy seems to be bouncing back stronger than ever. Unless, of course, you look at the numbers no one in mainstream media, the Bureau of Labor and Statistics, or the administration is talking about. As many of our readers already know, the official unemployment rates released monthly by the BLS (U-3, U-6) fail to account for one very key figure – those individuals who are no longer in the labor force.

The number of those folks – the ones that don’t matter anymore because counting them would hinder the President’s reelection bid – is absolutely staggering for what is supposed to be the engine of the global economy and the world’s only super power:”

Via SHTF Plan

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Categories: Unemployment
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