October 7, 2012
U-6 unemployment over the last ten years. U-6 unemployment, as opposed to U-3, takes into account those with only seasonal jobs (for the holidays coming up), plus those who would like full-time work but, because of the economy, can only find part-time work, plus all of the jobless who have stopped looking for work and thus are not considered part of the unemployment numbers at all. So today, under Obama, the (U-6) unemployment rate is actually 14.7 percent. This is the number that matters, even though it is not the number that is ever reported.

U-6 unemployment over the last ten years.

U-6 unemployment, as opposed to U-3, takes into account those with only seasonal jobs (for the holidays coming up), plus those who would like full-time work but, because of the economy, can only find part-time work, plus all of the jobless who have stopped looking for work and thus are not considered part of the unemployment numbers at all. So today, under Obama, the (U-6) unemployment rate is actually 14.7 percent. This is the number that matters, even though it is not the number that is ever reported.

12:56pm
(Notes: 10)
  
Filed under: unemployment liberal conservative democrat republican independent moderate moderates independents politics libertarian 
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    Hey, notice that huge spike from the start of 2008? Wasn’t there, like, a recession then or something? And then notice...
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