It’s an illusion: Here are the REAL Unemployment Numbers
Freedom Outpost – Mac Slavo – 4/3/2013
The drop in the unemployment rate from March’s 6.7 percent came as the agency’s survey of households showed the labor force shrank by more the 800,000 in April.
The participation rate, which indicates the share of working-age people in the labor force, decreased to 62.8 percent, matching the lowest level since March 1978, from 63.2 percent a month earlier.
added some 288,000 jobs last month, three times as many people were dropped
from the official unemployment statistics and are no longer counted in the
labor pool. U.S.
At this rate we’re well on our way to achieving the Communist dream of 0% unemployment before the end of the President’s term. We’re creating jobs at a slower pace now than at the same time last year.
At his web site ShadowStats.com Williams calculates the rate of employment using the same methods that were used prior to 1994 when they were officially defined out of existence by bureaucrats looking to pad the numbers.
According to those numbers, we’re looking at an unemployment rate of over 23%.
According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working.
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