AMERICA'S 20% UNEMPLOYMENT 'Rate' ~ It's a DEPRESSION

peaceandlove · 04-07-2009, 02:34 AM

America's 20% UNEMPLOYMENT 'Rate' 4/6/2009

By Carlton Meyer

Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently.

In the USA, 35% of healthy Americans ages 16-64 are unemployed, but what does that word mean? Millions of women are unemployed as they choose to stay home to raise families. Nevertheless, 25% of healthy American men ages 16-64 are unemployed, yet the U.S. Government reports an unemployment rate of just 8.1%.[1]

Continues: http://www.sandersresearch.com/index...k=view&id=1403

Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog

It's a Depression

Friday 03 April 2009
by: Robert Reich

The March employment numbers, out this morning, are bleak: 8.5 percent of Americans officially unemployed, 663,000 more jobs lost. But if you include people who are out of work and have given up trying to find a job, the real unemployment rate is 9 percent. And if you include people working part time who'd rather be working full time, it's now up to 15.6 percent. One in every six workers in America is now either unemployed or underemployed.

Article continues: http://www.truthout.org/040409C

Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog

Contrary to MSM news:

2 Million Jobs Lost so Far in '09

Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008.

By Chris Isidore, CNNMoney.com senior writer
Last Updated: April 3, 2009: 6:35 PM E

NEW YORK (CNNMoney.com) -- Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday.

Article continues: http://money.cnn.com/2009/04/03/news...arch/index.htm

Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog

Humble Janitor · 04-07-2009, 11:10 AM

I have a friend who's been scraping by doing odd jobs that hasn't had a real job in a long time. I also have one that got fired from her job.

Both friends are within my age range (25-30) and it doesn't seem to be letting up. My brother is lucky to have a job making bricks because I don't think the unemployment rate includes ex-felons too.

Machinamentum · 04-07-2009, 11:15 AM

Yep people I know who work for them self's seem to be able to get by just fine. Can't rely on other people to hire you in this decade. I have to work for my self and I just barely get by. But that's because I'm a slacker.

04-07-2009, 02:34 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	AMERICA'S 20% UNEMPLOYMENT 'Rate' ~ It's a DEPRESSION America's 20% UNEMPLOYMENT 'Rate' 4/6/2009 By Carlton Meyer Measuring unemployment is an art that can result in widely varied rates. Not surprisingly, the U.S. Government uses a method that excludes millions of Americans seeking employment. This lower rate is used to prove that America’s economic system is superior to those in Europe. Their higher unemployment rates are blamed on unions and socialism, which guarantee workers health care and paid vacations. The implication is that while many American workers lack such benefits, at least they have jobs. This argument is faulty since unemployment is measured differently. In the USA, 35% of healthy Americans ages 16-64 are unemployed, but what does that word mean? Millions of women are unemployed as they choose to stay home to raise families. Nevertheless, 25% of healthy American men ages 16-64 are unemployed, yet the U.S. Government reports an unemployment rate of just 8.1%.[1] Continues: http://www.sandersresearch.com/index...k=view&id=1403 Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog It's a Depression Friday 03 April 2009 by: Robert Reich The March employment numbers, out this morning, are bleak: 8.5 percent of Americans officially unemployed, 663,000 more jobs lost. But if you include people who are out of work and have given up trying to find a job, the real unemployment rate is 9 percent. And if you include people working part time who'd rather be working full time, it's now up to 15.6 percent. One in every six workers in America is now either unemployed or underemployed. Article continues: http://www.truthout.org/040409C Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog Contrary to MSM news: 2 Million Jobs Lost so Far in '09 Unemployment rate spikes to 8.5%, a 25-year high, as 663,000 jobs lost in March. 5.1 million jobs have now been lost since the beginning of 2008. By Chris Isidore, CNNMoney.com senior writer Last Updated: April 3, 2009: 6:35 PM E NEW YORK (CNNMoney.com) -- Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday. Article continues: http://money.cnn.com/2009/04/03/news...arch/index.htm Article sourced at: http://solari.com/blog/ Catherine Austin Fitts' Blog Last edited by peaceandlove; 04-07-2009 at 02:42 AM.

04-07-2009, 11:10 AM	#2
Humble Janitor Avalon Senior Member Join Date: Sep 2008 Posts: 3,201	Re: AMERICA'S 20% UNEMPLOYMENT 'Rate' ~ It's a DEPRESSION I have a friend who's been scraping by doing odd jobs that hasn't had a real job in a long time. I also have one that got fired from her job. Both friends are within my age range (25-30) and it doesn't seem to be letting up. My brother is lucky to have a job making bricks because I don't think the unemployment rate includes ex-felons too.

04-07-2009, 11:15 AM	#3
Machinamentum Avalon Senior Member Join Date: Sep 2008 Location: Colorado Springs Posts: 413	Re: AMERICA'S 20% UNEMPLOYMENT 'Rate' ~ It's a DEPRESSION Yep people I know who work for them self's seem to be able to get by just fine. Can't rely on other people to hire you in this decade. I have to work for my self and I just barely get by. But that's because I'm a slacker.