A couple of days ago Gallup came out with numbers that show the unemployment rate climbing back up to 9% in the month of February.
My question is, and this is something that all of you should take seriously as well. Did the unemployment rate really ever going down? My answer in short, is no.
Like I said in a past post, the governments unemployment reports were meant to mislead people. They are working to make people okay, and maybe even happy with unemployment going down to 8.4%. And as I said before, we should not be happy with that number.
What we have seen coming out of the government as we get into election year are reports that have been manhandled to look like things are getting better. The fact remains that there are far more people who have given up on finding a job, so they are no longer counted. So the real unemployment rate is higher. It’s probably more along the lines of being around 20%.
I know that I have been trying to find my first official job for months. Do they count me, and other people coming out of high school who are jobless? From my experience, no.
So I continue to implore that you not believe the numbers coming out of the government. And expect for them to try to shift the numbers around more as we near the summer when companies start hiring for those seasonal jobs.
Related articles
- Happy With 8.3% Unemployement? (theamericanteaman.com)
- Gallup: Unemployment Climbing Back to 9% for February (michellemalkin.com)
Shawn_the_Writer
He can come and work on my farm…
By: The Alternate Economy on February 22, 2012
at 9:42 am