Unexpectedly MSM Discovers There Is a Real Unemployment Rate that Is Much Higher

[Skylar]

For 8 years the left harped they were just enjoying early retirement and funemployment.

Each month on "Jobs Friday," the Bureau of Labor Statistics puts out a trove of economic data, each of which provides its own perspective on the labor market and the employment situation. Economists look past the official unemployment rate — that 4.7 percent figure, also known as the "U-3" — to other metrics that give their own view of jobs in the country.

One of those figures is called the U-6 rate, which has a broader definition of unemployment than does the U-3. In February, that number fell two-tenths of a percent to 9.2 percent.

Unemployment fell in February, but a more realistic rate remains much higher

Of course its higher than 4.7 anyone with a working brain cell knows the U6 is what you need to look at.

Of course the Obama administration keep touting that 4.7 and dummies like RWer bought it.

9.2 is probably the right UE number.

The U-6 is almost never used by anyone when citing the unemployment numbers. And Trump certainly isn't citing U-6 now. He's citing U-3.

Which, laughably, he insisted was a 'phony number' before his election but not insists are 'real'. Despite the same process, same people, same agency calculating it.

 

[pinqy]

For 8 years the left harped they were just enjoying early retirement and funemployment.

Each month on "Jobs Friday," the Bureau of Labor Statistics puts out a trove of economic data, each of which provides its own perspective on the labor market and the employment situation. Economists look past the official unemployment rate — that 4.7 percent figure, also known as the "U-3" — to other metrics that give their own view of jobs in the country.

One of those figures is called the U-6 rate, which has a broader definition of unemployment than does the U-3. In February, that number fell two-tenths of a percent to 9.2 percent.

Unemployment fell in February, but a more realistic rate remains much higher

Of course its higher than 4.7 anyone with a working brain cell knows the U6 is what you need to look at.

Of course the Obama administration keep touting that 4.7 and dummies like RWer bought it.

9.2 is probably the right UE number.

The U-6 is higher not because the U-3 is wrong, but because they measure different things. A 9.2 U-6 doesn't mean things are worse than the 4.7 U-3 tells us. That would only be true if they were measuring the same thing. They're not.

 

[Skylar]

Trumps real unemployment rate is 42 percent

According to Trump anyway. But then, Trump is never subject to his own standards. If not for double standards, he'd have none at all.

 

[rightwinger]

Trumps real unemployment rate is 42 percent

According to Trump anyway. But then, Trump is never subject to his own standards. If not for double standards, he'd have none at all.

95 million out of the workforce= Disaster

 

[Dale Smith]

They are real now that Trump is President. Who says , he did, they were as high as 25 , 37, and 49% when Obama's came out last quarter. Who said, Trump.

From now on whatever Trump says is the way it is, you Trumpettes have put your faith in him, and you will wear sackcloth and ashes wishing Obama was still the President.

Listen, you commie klunt.......there is NO feasible scenario where I would ever want that queer, commie mulatto POS and his tranny wife back...........get it?

You will. Also he is not a commie and his wife is not a tranny. What you have now is a plain dirty old man, who abuses women, yes grabbing pussy is abusing women.

Now we have a corporate socialist and elitist socialist in office, expect even more of your tax dollars to go to the corps and elites, they need support.

What is it about Texans, move to Mexico and take your congressmen with you.

You have so much to learn and I don't have the patience nor the time to "school" you......