Why? 25 million are disabled, 25 million 65 and older (but not disabled ed) 12 million are full time students. Add in stay home spouses, early retirees, independently wealthy etc. only 624,000 are willing and able to work but "gave up." So why is 94 million people not trying to work a disaster?Who stated the calculation changed under W? The rate is a fraud. With nearly 100 million Americans of working age not working, one would think the economy ain't so good.Agreed, but it is not only black teenage unemployment rates the central government lies about. They lie about EVERY demographic.One of the most frightening statistics of all: Black teens have an unemployment rate of about 50%.
But that's not the scary part. The statistic only counts the Black teens who are not in school and ARE ACTIVELY LOOKING FOR WORK! The ones who are just "chillin'" are not counted.
So what's the REAL unemployment rate for this demographic. The mind is boggled.
But hey...the economy is doing just fine, just ask an Obamabot. However they will change their tune as soon as an R gets in the WH...they are so terribly predictable.
The unemployment rate is calculated exactly the same way it was under Bush. Nothing has changed. There is no big conspiracy. The truth of the matter is that most people who truly want to work are working. Now they may not be working in the job they want or making enough money, but they are working. I personally do not know anyone who is currently unemployed. My 18 and 19 year old kids have two jobs each, making $12 to $18 per hour, and they will be starting college next semester. Yea, the economy is in shambles. Kids can't get jobs. We live in a city that notoriously has high unemployment. Go figure.