This has been going on for the past 5 years...hardly summer. Also what is wrong with working on infrastructure? I don't get you idiots.
Do the math behind the statement and tell me it adds up.
It adds up!
U-3 Total unemployed, as a percent of the civilian labor force (
official unemployment rate)
157,065,000 divided by 8,029,000 = 5.1118963%
320 million people in the United States.
5% of that means 16 million are unemployed.
174k get a job and you call that good?
And that's people collecting unemployment so even then it's NOT the REAL number now is it?
Wow. You are stupid.
The U-6 rate has held firm in the double digits since June 2008. It most recently peaked at 17.1 percent in April 2010.
2005 9.3 9.3 9.1 8.9 8.9 9 8.8 8.9 9 8.7 8.7 8.6
2006 8.4 8.4 8.2 8.1 8.2 8.4 8.5 8.4 8 8.2 8.1 7.9
2007 8.4 8.2 8 8.2 8.2 8.3 8.4 8.4 8.4 8.4 8.4 8.8
2008 9.2 9 9.1 9.2 9.7 10.1 10.5 10.8 11 11.8 12.6 13.6
2009 14.2 15.2 15.8 15.9 16.5 16.5 16.4 16.7 16.7 17.1 17.1 17.1
2010 16.7 17 17.1 17.1 16.6 16.4 16.4 16.5 16.8 16.6 16.9 16.6
2011 16.2 16 15.9 16.1 15.8 16.1 15.9 16.1 16.3 15.8 15.5 15.2
2012 15.2 15 14.5 14.6 14.8 14.8 14.8 14.6 14.7 14.4 14.4 14.4
2013 14.5 14.3 13.8 14 13.8 14.2 13.8 13.6 13.6 13.7 13.1 13.1
2014 12.7 12.6 12.6 12.3 12.1 12 12.2 12 11.7 11.5 11.4 11.2
2015 11.3 11 10.9 10.8 10.8 10.5
Chart: What’s the real unemployment rate?