Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

‘Real’ Unemployment Rate Shows Far More Jobless

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Jeff Cox
Aug 3, 2012

While the national unemployment rate paints a grim picture, a look at individual states and their so-called real jobless rates becomes even more troubling.

The government’s most widely publicizedunemployment rate measures only those who are out of a job and currently looking for work. It does not count discouraged potential employees who have quit looking, nor those who are underemployed — wanting to work full-time but forced to work part-time.

For that count, the government releases a separate number called the “U-6,” which provides a more complete tally of how many people really are out of work.

The numbers in some cases are startling.

Consider: Nevada’s U-6 rate is 22.1 percent, up from just 7.6 percent in 2007. Economically troubled California has a 20.3 percent real rate, while Rhode Island is at 18.3 percent, more than double its 8.3 percent rate in 2007.

Full article here

This article was posted: Friday, August 3, 2012 at 2:28 am

Infowars.com Videos:

Comment on this article

Comments are closed.

The Truth About Islam See the rest on the Alex Jones YouTube channel.

Russian Jet Shoot Down: What They're Not Telling You See the rest on the Alex Jones YouTube channel.

© 2015 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.