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Real Unemployment Figures Double Those Reported By Labor Department
7.6% is actually over 15% – just 9% shy of figure at height of great depression
Paul Joseph Watson
Prison Planet.com
Friday, February 6, 2009
The national media frenzy about the U.S. unemployment rate shooting up to 7.6% doesn’t even do justice to the actual unemployment figure, which in reality stands at around 15 per cent, just 9 per cent shy of the unemployment total at the very height of the great depression.
Current methods of tallying unemployment figures do not even take into account workers who have stopped looking for work. If a worker becomes discouraged after being unable to find a job and stops looking, they disappear from the official record.
Actual unemployment figures are therefore 5 to 10 per cent higher than publicly stated by the Labor Department, meaning the real unemployment figures stands at roughly 15 per cent.
During the great depression, where unemployment figures were more accurately inclusive of the true unemployment rate, the figure for the years 1923-29 was 3.3 percent before accelerating to to 15.9 per cent in 1931 and peaking at 24.9 percent in 1933.
(ARTICLE CONTINUES BELOW)
If the Labor Department were massaging the numbers to an even greater extent, which certainly isn’t beyond question in light of fragile economic confidence, the real unemployment figure could be anything up to 20 per cent, which is rapidly approaching a comparable rate to the very worst period of the great depression.
Judging by Canada’s unemployment numbers, the real U.S. figure could be up to double that announced, even before we take into account how jobless people looking for work are not counted.
Compared to the stated U.S. job losses of 600,000, Canada has lost 129,000 jobs in January. The population of the U.S. is around 300 million compared to 30 million in Canada. Therefore in comparison with the U.S., Canada should have only lost around 60,00 jobs. The figure of 129,000 means that Canada’s unemployment figures are over double what would have been expected. Either that or the U.S. figures are being artificially under-reported.
Newsweek’s Dan Gross explains the myth behind the unemployment figures in the video below.
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42 Responses to “Real Unemployment Figures Double Those Reported By Labor Department”
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February 6th, 2009 at 1:28 pm
UG BUKAKA SAY THIS MANY MOON AGO!
Alex Jones' Jewish Wife Reply:
February 6th, 2009 at 3:49 pm
I know who’s behind all of this! It’s the rich white guys who belong to a nazi death cult! Right? I mean, that’s what the fat clown Alex Jewnes tells me, so it must be true. Alex’s Jewish wife wouldn’t lead us down the wrong path, would she?
LOL
Alex Jones' Jewish Wife Reply:
February 6th, 2009 at 3:56 pm
Hey, guys, buy some Berkey water filters, Ecolo blue, and overpriced gold from me so I can buy a new 52″ flatscreen lcd TV for my Jewish wife…er, I mean, so I can defeat the New World Order! Yeah, that’s the ticket! Defeat the New World Order!
HAHAHAHA
Alex Jones' Jewish Wife Reply:
February 6th, 2009 at 3:59 pm
Fellow patriotards! Let’s all come together in a massive mult-racial rainbow coalition patriotard fighting force to defeat the New World Order! And we all know what the New World Order is, don’t we? It’s RICH WHITE GUYS WHO BELONG TO NAZI DEATH CULTS. So let’s all come together to defeat those evil rich white guys!
Are you with me? Let’s go!
LOLOLOLOLOLOLOLOLOLOL
Alex Jones' Jewish Wife Reply:
February 6th, 2009 at 4:05 pm
I just want to say that I REALLY hate those evil rich white guys who belong to nazi death cults. They’re so evil. I just can’t stand them. They’re behind all the evil in the world, and they’re behind the New World Order. One thing I can tell you for sure though is that it’s not the Jews! No way. They have absolutely NOTHING to do with this stuff whatsoever. And don’t believe anyone who says that they do, because they’re lying. Jews are innocent. Jews are victims of the evil rich white guys who belong to nazi death cults. Sometimes it makes me cry when I think about it, how my Jewish people have been persecuted over so many thousands of years by the evil rich white guys who belong to nazi death cults.
And you can trust me when I tell you this, because after all, I’m Jewish. And we Jewish people don’t lie about anything, EVER. Nope.
So let’s all come together to defeat the New World Order, which, as we all know, is rich white guys who belong to nazi death cults.
Alex Jones Reply:
February 6th, 2009 at 4:11 pm
I’d just like to reiterate what my Jewish wife said about the New World Order. The New World Order is definitely made up of rich white guys who belong to nazi death cults. Damn straight. You can be sure of that. They’re the people behind the New World Order. It’s their idea. They came up with it.
Rich white guys who belong to nazi death cults run Hollywood, the news media, the banking and financial system, the Federal Reserve, the government, etc. It just goes on and on. These rich white guys who belong to nazi death cults are EVERYWHERE! They run everything and they are so damn powerful, you can’t even believe it!
So let’s just keep in mind who’s REALLY behind the New World Order. Let’s not get distracted by crazy anti-Semitic conspiracy theories about Jews and stuff like that. That’s just dis-info. Let’s keep our eye on the ball and keep fighting the true enemies of Western Civilization – rich white guys who belong to nazi death cults!
Keep the faith, fellow patriotards!
Alex Jones' Jewish Wife Reply:
February 6th, 2009 at 4:17 pm
My husband is right. Please, folks, let’s NOT get distracted by these crazy anti-Semitic conspiracy theories that say that Jews are behind the New World Order. That’s simply not true. This is just dis-information put out by those evil rich white guys who belong to nazi death cults who run the media. These evil rich white guys run EVERYTHING. They run the media, government, banking, academia, think tanks…EVERYTHING!
These evil rich white guys who belong to nazi death cults are just trying to scapegoat the poor little innocent Jews for all the evil things that they themselves have done.
And like I said before, you can absolutely trust me when I tell you all these things because, after all, I’m Jewish. And we Jewish people never lie…never…ever. It’s simply impossible for us to lie. It’s not in our genetic code. We couldn’t lie even if we wanted to.
So let’s all come together to defeat the New World Order rich white guys who belong to nazi death cults!
Responder. Reply:
February 6th, 2009 at 10:59 pm
Good Lord. Could you please look into Teutonic Zionism. The people at the top of the power elite are ABOVE & BEYOND this petty Jewish stuff as the Jews & their Zionism are just one PORTION of the power elite. The people at the top believe that they are the true Zionists who do in fact belong to a death cult & they often speak German.
Alex Jones' Delusional Multicultural Rainbow Coalition Reply:
February 7th, 2009 at 1:56 am
Yes, of course you believe such laughable bullshit, because you listen to the crypto-Jew dis-informationalist fatboy Alex Jones, who has a Jewish wife.
That was the entire point of those posts which you were responding to, idiot. Thanks for confirming them.
LOL
k k k is back Reply:
February 8th, 2009 at 6:44 pm
snzzzzz….
Rabid anti-semites like this post here because Al-ex encourages it. I would not be surprised if Al-ex or Kurt posted these pieces of garbage themselves as they spout this kind of hate in only
barely veiled ways daily…
http://talmud.faithweb.com/articles/intro.html
Anti-Talmud accusations have a long history dating back to the 13th century when the associates of the Inquisition attempted to defame Jews and their religion [see Yitzchak Baer, A History of Jews in Christian Spain, vol. I pp. 150-185]. The early material compiled by hateful preachers like Raymond Martini and Nicholas Donin remain the basis of all subsequent accusations against the Talmud. Some are true, most are false and based on quotations taken out of context, and some are total fabrications [see Baer, ch. 4 f. 54, 82 that it has been proven that Raymond Martini forged quotations]. On the internet today we can find many of these old accusations being rehashed and this site is an attempt to correct the mistakes and put the true quotes into their proper perspective.
Khazar myth great article for those who are in need of some truth like you!
jewishpress dot com/printArticle.cfm?contentid=21499
WHO ALEX IS! What do you believe is his agenda? WHO is
he working for? Possibly the Sa ud i billionaire who owns the company who owns genesis?
Maybe since he seems to be so fond of only Fascist, Na zi, and Muslim dis-info he is
really a descendant of German Na zis himself? Maybe he is a Russian spy? Maybe he is
disinfo for the NWO? We can speculate on exactly who he works for, but ONE THING IS
CERTAIN, he is a shill and a bringer of deception, and a radical promoter of hatred!
Al-aksa-ex goes bizerrko on the Jewish people again… he says zionism is a political ideology similar to Hitler, and White Supremicists saying master race and everyone else scum! Anyone else can be killed at will! Apartheid system in Israel worse than S. Africa! Don’t you see that al-ex
is a total radical anti-semite?! Day after day, week after week, year after year, his
he says zionism is slavery legalized! he doesn’t want to “bash” israel because he does not want to be like those who bash all jews! Holy Cow! Anyone who does not see through his double-speak
brainwashing needs to have their heads examined!
AND al-aksa-ex promotes ALL this hate against the Jewish people with his constant
“zionism” lies, and his constant demonization of Israel! HE is such a big part of the
problem of what is going on. Don’t you ALL ask yourselves exactly WHAT his
agenda is? Don’t you ALL ask yourselves exactly WHO he is working for?
In addition he continually demonizes the Jewish people, the Jewish religion, and Israel!
He brings up Jews, the Kabbalah, and Israel even when a caller never does. He twists around
what the caller says just so he can bring it up! Not only that, Alex says he gets slammed by
people who think he is supporting Israel and the Jews when he says these awful things about
them! BUT he ACTS as if the things he said were positive. This is the worst double-speak I
have ever heard! The symbols the NWO use that they STOLE from TRUE kabbalah and turned
in their evil garbage have nothing to do with the NWO! They use the Cross too! Do you hear
Alex dissing Christianity?! NO!…
Also, every time someone calls up and talks about Alex giving ideas of what people can do,
he turns the call around to how much he is doing, or raging on people who only bring up
the fact that ONLY making people aware isn’t enough and claiming they are saying he shouldn’t sell his dvds! I’d really like to see some info on REAL actions to take like the caller on Tuesday 1-27-09 brought up! But you will not hear anything from him, I think, because he doesn’t really want things to get better because he is working for the same people as all the rest!
What a total hypocrite! Al-ex mixes lies with truth. He has on some good people and puts up
some good information, but he IS the dark side! It is so obvious now who he really works for!
He is a Russian spy with the Vatican Assassins, and Saudi propaganda machine behind him…
He is making this now, because he is getting nervous about what people think about him.
Russia is just waiting for the US to break up, they have been planning it for 60 years! So all
the better to give you SOME correct information on the evils of the NWO (but leaving out that
they are part of it!). Notice how Al-ex never gives you anything to do except to tell other people…
And THEN what?! What happens if we do not do something now, like start legal State seccessions
all over the Country? You know there will be another Civil/Revolutionary war… What else can
happen? This is what Russia is waiting for. This is what China is waiting for. This is what the
Islamists are waiting for, this is what the Vatican Assassins are waiting for…
They are waiting until there is mass insanity so they can step in and take over. There are 2 brands
of NWO in the World today 1) the Fascists of the West who have the corporations take over the
government, and 2) the Communist Fascists who have the government take over the corporations,
but they BOTH work for the Vatican Assassins! And they both use the Islamists to help them take over,
and they BOTH use the Jewish people as pawns to be “thrown to the lions.” It has been going on
for a couple of thousand years, and MORE needs to be done than to just tell people about the NWO
and let the FASCISTS take over. Write letters to your Congressmen, start advocacy groups, begin
seccession documents and get thousands to sign them. Enlist lawyers for assistance. Don’t wait for
those devils crouching by the door to come and get you when the hysteria begins, because it will
be too late then. Much too late.
February 6th, 2009 at 1:38 pm
You mean the gov’t isn’t telling the truth? Simply Shocking!!
February 6th, 2009 at 2:28 pm
Actually 17 percent unemployment if calculated the same as Great DepressionV1.0…we are just 7% short @ this early point.
February 6th, 2009 at 3:02 pm
Politicians, and the Government’s they inhabit, are dens of Liars.
February 6th, 2009 at 3:08 pm
Now why would the government skewer statistics to make things appear less daunting than they really are?????
They would never do such at thing now that Bush is gone and Obama is in there, would they????
Naw! Hes gonna fix everything, ask any of his cult members
February 6th, 2009 at 3:10 pm
Rescind NAFTA!!!
Get out of the WTO
Enforce immigration laws
Let’s rebuild our country!!!
February 6th, 2009 at 4:09 pm
The US did not get par value from the bank ceo bailout
February 6th, 2009 at 5:02 pm
You want him, you got him.. Obamanation.. You go get in line now and get ur national id card, with ur health insurance and all that good stuff on there, take ur vaccinations lick eachothers assholes like good little sheep.. Step one foot on my property or infringe on my freedom and I’ll slap ur little bitch head off…
February 6th, 2009 at 6:46 pm
The economy is failing. In desperate times, people become desperate. Your friendly neighbor, might not be that friendly after he loses his job. When neighbors turn on eachother, will you will be ready?
Be prepared to be living in a FEMA camp “for your own protection”.
It is just a matter of time!
http://www.ezsurvivalgear.com
February 6th, 2009 at 6:47 pm
Get ready for the FEMA camps!
http://www.ezsurvivalgear.com
February 6th, 2009 at 7:45 pm
People are crying to be a slave… I love it! Take a pay cut. We must mach labor with other 3rd world countries. As a stock holder I say cut pay below 10k a year for all employies on every job in the nation, Including Sports and entertainment. do what you can for your country take a pay cut today!
Blackie Reply:
February 7th, 2009 at 4:38 pm
You really think those overpaid negro pro sports boons will take a cut?
February 6th, 2009 at 8:51 pm
All the banter about Alex (which I often get a chuckle out of) aside, I think this article is pretty “spot-on.” The Labor Department simply does not keep statistics the same way as during the Great Depression. Pretty convenient to move the “discouraged worker” out of the labor force so he/she doesn’t drive the numbers up. You consider the “under-employed” or people forced to work part time to avoid starving, along with these “discouraged workers”…several million, by the Bureau of Labor Statistics’ own admission… and 14 to 16% unemployment seems like a more realistic number when you compare to the Depression. This would also put 1982 at around 20%…it was sure a Depression around my house back then. But the 1980s, other than its unemployment rate, was actually WAAAAYYY better than this downturn. Back then, it was inflation and the Fed choked down the money supply to get that under control and it was pretty much an intentionally caused, fairly controllable downturn. Today on the other hand, with the collapse of the credit markets, the insolvent banking system, and deflationary pressures, all brought on pretty quickly, well, it’s much more like we’re living in 1930. Good article.
February 6th, 2009 at 9:51 pm
Check this out!! it worth’s it!!
Obama’s occult nomination ceremony!!
http://911truth-sherbrooke.org.....-ceremony/
February 6th, 2009 at 10:00 pm
Caution!! You must see this video!!! Bush makes a satanic ritual!! (this is not a joke)The video is in English, and, it is worth it!! George W. Bush makes a satanic ritual with children, troublesome!!
And this, during the attacks of the world Trade Center on September 11, 2001!
http://911truth-sherbrooke.org.....ot-a-joke/
February 6th, 2009 at 10:05 pm
In prison we have a new world order completely different from the real one outside. If you fight the new world order you could find yourself in the SHOE or laying on a shower floor watching your life “GO DOWN THE DRAIN.”
Anyway the food stinks in prison.
February 6th, 2009 at 10:30 pm
SHIT I NEED A JOB !!
February 7th, 2009 at 3:49 am
How about addressing the ISSUE for once instead of yapping about how you don’t like Alex Jones. Why don’t you put forth actual evidence as to why you disagree with each article? If you really want to “liberate” all these “conspiracy theorists” then you need to have a better case than just ranting insults that equal up to nothing more than calling Alex Jones a “stupid head.” It’s seriously pathetic. Do it right, or get a life.
birgit Reply:
February 7th, 2009 at 12:26 pm
Just ignore the turd trolls. ‘aint worth the e-ink
February 7th, 2009 at 7:36 am
Ah, the trolls are out. Must be the paid Obama bloggers. They remind me of the Borg collective in “Star Trek”. Resistance to the Messiah is futile! Assimilate now!
February 7th, 2009 at 7:46 am
Of course.
February 7th, 2009 at 10:29 am
Obvioustroll is obvious.
February 7th, 2009 at 10:29 am
GREAT VIDEO:
Something to tell the world!
http://www.youtube.com/watch?v=rT8cg62iKyg
February 7th, 2009 at 10:41 am
The problem with Daniela Gross is he thinks the government has capital. the government is broker than than anyone. It has NOTHING. The government had no capital to lend for stimulus. It can obnly take capital room producing sectors and give it to the non-producing sectors.
THE GOVERNMENT HAS NO CAPITAL YOU IDIOT!!!!
February 7th, 2009 at 10:48 am
http://europac.net/#
Just the Beginning – Peter Schiff
The intense scrutiny recently paid to my investment strategy in the immediate wake of the financial crisis of the last six months has unfortunately obscured the central element of my larger economic forecast. The standard line has been that although I was able to predict the crash, in the form of the housing collapse and the credit crunch, my expected fallout of a weaker dollar and global decoupling has been proven false. However, this assumes that the crash has fully played out. In reality, all we have heard thus far is the overture.
In 2008, the bubble economy that I had meticulously described years ago finally hit the pin that I knew was out there. The corporate losses, frozen credit markets and plunging home prices were the opening salvo in the unfolding economic crisis. However, the vast majority of air has yet to leak out of the bubble. As it does, the U.S. economic crisis will kick into a much higher gear. I have positioned my clients to withstand the full fury of the gale, and when it finally comes, the question “was Peter Schiff right?” will finally be answered.
Thus far, our economy has actually been spared the worst due to the temporary strength in the dollar and the recent desirability of our Government’s debt. These movements derailed the short-term performance of many of my investment recommendations (though clearly not to the extent alleged by my critics) and threw a life-line to the downing U.S. economy. The demand for U.S. Treasuries has led to one of the sharpest dollar rallies on record, which has helped bring about just as pronounced a decline in commodity prices. As a result, although consumer income has fallen, so too have prices and interest rates.
The stronger dollar gives the Federal Government plenty of cover to a pursue a policy of rampant monetary inflation in order to re-inflate the collapsing bubble. Even though the Federal Reserve has thrown trillions of new dollars into circulation, those dollars have actually gained purchasing power – contrary to economic law. This, along with inventory liquidations and going-out-of-business sales, has kept a lid on consumer prices. The continued, although misguided, appeal of U.S. debt has also made it possible for the government to garner cheap financing for its equally misguided and massive bails-outs and stimulus packages.
In addition to cushioning the blow for us, the dollar rally has exacerbated the pain abroad. As money has rushed to our aid it has created a global credit crunch. The rest of the world is not only dealing with losses on toxic U.S. credit instruments but is also shouldering the burden of financing our new borrowing as well. As foreign currencies have fallen, foreign consumers have not received as large a windfall as Americans have from falling commodity prices.
In effect, Americans have been using these life-lines to pull the rest of the world into the stormy seas. However, there are signs that those holding the lines are about to cast them adrift. The dollar rally has run out of steam, gold has clearly broken out, and commodity prices are moving back up. 2009 is already the worst year ever for US. Treasury bonds and foreign stock markets are once again outperforming ours.
This week President Obama claimed that failure to pass his economic stimulus bill will have catastrophic consequences for the U.S economy. The reality is the catastrophe will be far greater with his plan then without it. If the trends of January and early February of 2009 continue, the rug will be completely pulled out from beneath the U.S. economy, and the full cost of the President’s “economic depressant package” will be apparent to all.
If foreign capital does not continue to pour into Treasuries, interest rates and consumer prices in the U.S. will soar. At that point, we will finally be confronted with the real crises that I have long predicted. When the day of reckoning arrives our policy response will be critical. If we continue on the course our new President has mapped out, the catastrophe will far exceed the scope of any he hoped to avoid.
Mr. Schiff is president of Euro Pacific Capital and author of “The Little Book of Bull Moves in Bear Markets” (Wiley, 2008).
February 7th, 2009 at 12:25 pm
this is a month old nearly. isnt it worse now?
alex jone’s has a jewish wife? cool.
February 7th, 2009 at 12:38 pm
Fascinating article. Here in Canada, particularly Alberta, the province lost over 5,000 of the jobs lost in the country, that’s 25%. We tend to run the countries energy sector and with that the policies in Ottawa!
February 8th, 2009 at 7:55 am
Sad indictment of the money grabbing pricks that control us.
Lets take our Countries back….even if it means ‘positive action’.
February 8th, 2009 at 2:41 pm
happeth meal globalization of poverty but who cares right? http://www.youtube.com/watch?v.....annel_page
February 8th, 2009 at 3:58 pm
They starve you into submission! All of the social nets are being rapidly withdrawn, in the name of cutting the budget, while more money is directed towards bigger government offices, more government offices, and more pro-war-profiteering businesses! All of this while the price of food and necessities skyrocket as the dollar loses more of its value!
I have known for years how the Dept. of Labor skewers the numbers and tried to educate others of the sham! Now, it is about time someone else reports in plain daylight what I have been saying for years!!! — WHERE’S THE OUTRAGE!!!
February 9th, 2009 at 12:40 am
We should all bring our families into our knowledge base, gather close those you trust best, and we’ll meet up in DC after meeting at local capitols… and once there we’ll string up the traitors after araignment by a jury of their peers. Hell, let’s make it american idol style and put it on TV.
any takers?.
February 10th, 2009 at 2:20 pm
Statistics is like Bikini, what it reveals is indicative and conceals that what is vital, let that be remembered when considering numbers coming out of Govt. and politicians office.
February 10th, 2009 at 2:49 pm
Accute Intelligence Deficiency Syndroem(AIDS) and High Income Varianxce(HIV) is spread as a pandamic ( by the Investment Bankers of Wall Street) form, the end result is the Economic Crisis that we all are now experiencing, world over.
A lethal combination to this is false statistics.
God when will we ever learn.