PoliticalChic
Diamond Member
Oh brother...you never fail to post ignorance. Partisans...they are NUTS!!!Take away stay at home moms, 16-24 year olds, the disabled and retirees from labor force participation and what do you get?
4.9 % unemployment rate
The numbers don't lie
Only those who want to see stay at home moms, the disabled, teens and the elderly back in the workforce care about labor participation rate
"The Big Lie: 5.6% Unemployment
The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
While you are as unemployed as one can possibly be, and tragically may never find work again, you arenotcounted in the figure we see relentlessly in the news -- currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren't throwing parties to toast "falling" unemployment.
Right now, the U.S. is delivering at a staggeringlylow rate of 44%, which is the number of full-time jobs as a percent of the adult population,..." The Big Lie: 5.6% Unemployment