The Obama - Clinton Disaster Message Board

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Politics : The Obama - Clinton Disaster

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To: John who wrote (67305)	3/9/2012 2:17:11 PM
From: GROUND ZERO™	3 Recommendations Read Replies (2) of 103300

THE REAL JOBLESS RATE IS NOW IN THE NEWS!!! While the Labor Department reports a surge in private-sector hiring and the nation's unemployment rate holding steady at 8.3 percent, a closer look at the numbers paints a less flattering picture of the country's post-recession growth. Counting only those Americans who are actively looking for work, the jobless rate is 8.3 percent, just like it was in January. But counting those who stopped looking for work within the last year, the rate is 9.8 percent. And counting all of the above, plus those who settled for part-time jobs, the rate is 14.9 percent. "Everybody who has friends knows it's higher," Rep. Duncan Hunter, R-Calif., told Fox News. Hunter is pushing legislation that would require the Bureau of Labor Statistics to broaden its definition for the unemployment rate. He wants the department to count those who stopped looking for work as well, which would put last month's rate at 9.8 percent. foxnews.com GZ

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