while we constantly lose 400K+ plus jobs every month. In good months we only lose 10,000 less than 400K+
when Obama came into office, the first thing he did was chop off 600k because "they have been unemployed for too long." lollll
According to Gallup, it's now over 10%. http://hotair.com/archives/2010/10/07/gallup-unemployment-rate-back-over-10/
It also seems that those who lose their hope in finding a job are not considered as unemployed anymore !!. There is an 8 month buffer for unemployment data. You are unemployed over 8 months, you are not included in data.
Not everyone finds the way the government figures are calculated most accurate representation of unemployment. http://www.shadowstats.com/alternate_data/unemployment-charts
If 50% of the people in this country become unemployed and the unemployment rate is 50%, then after 8 months, all of these people are not counted, so then the unemployment rate will be 0%? If that is the case, it will look like the economy is doing great, but in reality, it's not.
3rd world governments survive by fudging statistics. the US is a 2nd world country sliding slowing into becoming a 3rd world country in spite of cheer leading by certain clueless posters on ET. Obama lied about making government more transparent.