It’s an Obama World… Long Term Unemployment at Highest Level Since WWII

Discussion in 'Politics' started by Doc91678, Jan 13, 2013.

  1. Doc91678
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    Doc91678 BANNED

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    by Jim Hoft
    January 13, 2013

    When America reelected Barack Obama they voted for higher unemployment, lower incomes, record government spending, and a stagnant under-performing economy. Barack Obama promises to bring even more pain his second term. In the US today:
    12 million Americans remain unemployed.
    In December 22.6 million Americans were unemployed or underemployed.
    The average unemployed American is out of work for nearly 40 weeks.

    To understand just how bad things are, and just what a failure Obama’s first term has been, you have to see it graphically.

    [​IMG]… ​

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    It’s an Obama World… Long Term Unemployment at Highest Level Since WWII | The Gateway Pundit
     
  2. pinqy
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    pinqy Gold Member

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    The chart is a little misleading as it uses the mean. If you followed the Special Notices, you would have read that
    So basically, until 2011, any unemployment greater than 2 years was recorded as 2 years and the actual duration was not recorded. Since then, the actual number, up to 5, has been recorded. This really only affects the mean.

    If you look at the median instead, while still bad, you lose the dramatic increase you get from the mean.
     
  3. Mr. Shaman
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    Mr. Shaman Senior Member

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    New, here, are you???

    [​IMG]

     
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    SniperFire Senior Member

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    [​IMG]
     

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