Monday, April 06, 2009

The Real Unemployment Rate

15.6%

That's right. As this report points out, our government misrepresents the unemployment rate by how they calculate unemployment figures. For example, I am not included in their calculations. Why? I don't receive unemployment, due to my work record -- much of which involved part-time work. So if you count those who have stopped looking for work, who no longer qualify for unemployment, who have gone back to school, and those who are underemployed, the true unemployment rate jumps from over 8% to over 15%.

When it comes to government numbers, you must always remember that they are always engaged in a game of how to lie with statistics.

1 comment:

Delaware Job Hunters said...

This article makes me think of this quote, "Seasonal unemployment was found to be a state which does not have much employment, for example, rural areas."

Which reminds me that on May 6, 2009 there will be an occasion, from 8am-3pm at the Chase Center on the Riverfront for The Delaware Job Hunters Education and Networking Event. This important and timely event is being held to provide education to Delaware job seekers to improve their job search skills and gain a competitive edge in today's job market. The event will also provide attendees the opportunity to meet with local companies to learn about job opportunities. This is a FREE event.

To register for the event call Joyce Dungee Proctor at 302-504-9922 or visit www.integritycareertransitions.com and click on seminars and choose the Delaware Job Hunters event to register.