Quote:
Originally Posted by Vendzilla
Better look into this Richard, the way unemployment had been changed so many times as of late it's hard to keep score. I think it was Clinton that added the military to give himself a boost when he needed it.
Here, read this and you might see what I'm talking about
http://www.huffingtonpost.com/2013/0...n_3619152.html
I'd personally focus on the labor-force participation rate, which includes people working and looking for work. This has been at about 63 percent in recent years, well below the 66 percent that prevailed before the recession. That may not sound like a big difference, but that extra 3 percent would take the number of officially unemployed people up to about 18 million from 12 million.
And that would jack the unemployment rate up to about 11 percent |
Great, let's do it. Let's say that the actual unemployment rate is really 11%. But when you apply this formula across the board to all months, it STILL looks better than the 16% it was when Bush left office, or the 21% it was at our high point.
All you are doing is changing the formula and making all of the numbers higher.
And it still wouldn't be any more factual. My wife is about to quit her job, being as she no longer has to work to have health benefits. She won't be unemployed, she just won't be working. You can't count her in your stats because she doesn't have a job.