Annie
Diamond Member
- Nov 22, 2003
- 50,848
- 4,828
- 1,790
Williams definition of unemployment is his own. The BLS actually does measure what Williams wants to call unemployment.
I am not sure why this is truly important. Esp since Williams himself seems to say that what he wants to call unemployment is in fact underemployment.
It is important if you happen to be unemployed at the moment. The additional 14% (22%-8.9%) of our citizens who conveniently are not counted as being unemployed by the government are still seeking employment, discouraged or not, or at least many of them are. Therefore, things are almost 3 times as bad as the U.S. Government really wants you to know.
Immie
These workers have never been counted as part of the unemployed population. Funny how no one cared about them during the Bush year...
yeah, they did:
http://www.usmessageboard.com/economy/85338-legitimate-unemployment-thread-2.html#post1439598