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Jan 14 2014

Exposing the Lie of the Merely Bad Unemployment Numbers

Never mind the official stats that tell us the employment situation is lousy. The real situation is actually much worse:

The number of working age Americans that do not have a job has increased by nearly 10 million since Barack Obama first entered the White House. In January 2009, the number of “officially unemployed” workers plus the number of Americans “not in the labor force” was sitting at a grand total of 92.6 million. Today, that number has risen to 102.2 million. That means that the number of working age Americans that are not working has grown by close to 10 million since Barack Obama first took office. So why does the “official unemployment rate” keep going down? Well, it is because the federal government has been pretending that millions upon millions of unemployed workers have “left the labor force” over the past few years and do not want to work anymore. The government says that another 347,000 workers “left the labor force” in December. That is nearly five times larger than the 74,000 jobs that were “created” by the U.S. economy last month. And it is important to note that more than half of those jobs were temporary jobs, and it takes well over 100,000 new jobs just to keep up with population growth each month. So the unemployment rate should not have gone down. If anything, it should have gone up. …

The labor force participation rate is now at a 35 year low, and the only way that the federal government has been able to get the “unemployment rate” to go down is by removing hundreds of thousands of Americans out of the labor force every month.

As for the so-called “recovery,”

Most people don’t know this, but the U.S. economy actually created fewer jobs in 2013 than it did in 2012.

The total number of Americans a century ago was about the same as the number of Americans currently not working.

This sums up what Obama is doing to our country in a single graph:

Employment-Population-Ratio

Note that he took power in January 2009.

It isn’t an accident. Pretty much every initiative pertaining to economics that has been imposed or promoted by Obama and his coconspirators can be counted on to increase unemployment (e.g., ObamaCare, oppressive environmental regulations, higher taxes, raising the minimum wage, and extending unemployment benefits).

If you think it’s bad now, wait until Obama, McCain, Boehner, and the rest of the liberal quislings infesting the Beltway open the Third World floodgates by ramming through amnesty. That’s when the boat will stop listing and start sinking. Eventually the debt Obama is running up will put it all the way to the bottom of the sea.

On a tip from Chris Christie Traffic Shrine Monument.




6 Responses to “Exposing the Lie of the Merely Bad Unemployment Numbers”

  1. Spurwing Plover says:

    And always these Unions support the DemacRATS in every elections these Unions are like lemmings hurling themselves off the cliff into the sea to drown or be a seagull or sharks din din

  2. DaveinMn says:

    I worked in Cromwell, Ct. during the 80’s as a toolmaker, I remember (mid 80’s ?)for quite some time a labor shortage which drove starting wages at McDonalds in the $10.00/hr range. So many people working that they couldn’t find any workers.

    I can’t blame politicians anymore. It was Americans who voted this present disasterous bunch of crooks into office enabled by a socialist media – actually dating back to the turn of the last century. But the tide is slowly turning here. But I fear it is too late. Much too late. People too easily fooled by shiny glittery things and people who come along from time to time. Dumbest people on the face of the Earth. Hopeless.

  3. 762x51 says:

    “Most people don’t know this, but the U.S. economy actually created fewer jobs in 2013 than it did in 2012.”

    I have followed and said for years that the U-3 number, the phoney 6/7% figure being touted by the Chief Enemy of the United States is a fabrication and that the more accurate number is the U-6 figure which increased by .3% in Dec. ’13 because that is where the .3% decrease in U-3 went.

    It is actually worse than that. The chart shows the two recent recessions, the 2001 recession and the current one which stared in 2008 and has never ended. During the period from 1999 to 2001 which includes the 2001 recession the broader U-6 measure bottomed out at 6.3% which is still better than the current massaged U-3 figure. In other words, the worst point of the 2001 recession had fewer people which had given up looking for work than are currently unemployed and looking after 5 YEARS of the Obama Depression.

    The current U-6 figure from the Bureau of Labor Statistics is 13% however, Gallup has released a survey that shows the REAL number is 17.2%. Anyone who has to go to the grocery store or gas station every week knows that the Gallup number is far more accurate.

  4. […] Exposing the Lie of the Merely Bad Unemployment Numbers […]

  5. […] » Exposing the Lie of the Merely Bad Unemployment Numbers » Four Headlines of the Apocalypse » US government finds no evidence to accuse itself of a crime […]

  6. MajorPhartz says:

    I guess we’ll be right down there with North Korea at 0% unemployment…..

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