Quote:
Originally Posted by Ethersync
It's crazy government math is what it is. They announce positive sounding numbers to get headlines and then revise them down later when no one is paying attention to the old numbers and only focused on the new numbers. It's also not an accident that unemployment has not hit 10% yet. It's not palatable to have double digit unemployment so they fudge the numbers down. Shadow Stats puts real unemployment well over 20%: http://www.shadowstats.com/alternate...loyment-charts |
I really don't keep up with the %'s much... I'm sure the numbers are much higher than the gov projects though.
For me, jobs going up or down, really don't tell me how good things are doing. Jobs really are the last thing to return in big economic downturns, so even looking at this year or from our peak to now - is truly too short of a period of time.
For me, the day we can say the average wage across the Country has increased is the day we can celebrate a true positive change for the Countries economy.